Ringgit hits new all-time low of 3.5418 against Singapore dollar
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The Malaysian ringgit has reached a new all-time low of 3.5418 against the Singapore dollar. This is the weakest level the ringgit has ever been against the Singapore dollar. The decline in the value of the ringgit is a cause for concern for the Malaysian government and the public. The exchange rate between the two currencies has been steadily deteriorating, with the ringgit losing value against the Singapore dollar. The current exchange rate of 3.5418 is the lowest it has ever been. The weakening of the ringgit against the Singapore dollar has implications for the Malaysian economy, particularly in terms of trade and investment. The Malaysian government may need to take measures to stabilize the currency and address the underlying factors contributing to its decline.



https://www.nst.com.my/business/economy/2024/02/1009228/ringgit-hits-new-all-time-low-35418-against-singapore-dollar