The Malaysian ringgit has hit yet another low, sending some money changers and their customers here into a tizzy.
'I ran out of stock by afternoon': Money changers kept busy as Malaysian ringgit hits new low against Singapore dollarThe Malaysian ringgit has hit yet another low, sending some money changers and their customers here into a tizzy.The Malaysian ringgit is about two per cent away from reaching 4.885 per US dollar, a level last seen in 1998 during the Asian Financial Crisis, reported Bloomberg.
An employee at Central Exchange Money Changer in Suntec City told AsiaOne that today had been especially busy for him compared to the past two weeks.Speaking to AsiaOne, an employee at Asmart Exchange in Toa Payoh Interchange said that the number of customers approaching them to exchange ringgit has been on the rise since"The value that customers exchanged hasn't changed. Most people are just exchanging to keep the cash for future use," the employee added. A 24-year-old marketing executive, who wished to be known as Teo, told AsiaOne that the ringgit dropping is beneficial to he
Malaysian Ringgit Low Money Changers Singapore Dollar
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