The ringgit plunged against the US dollar and Singapore dollar, hitting lows unseen since 1998. Bank Negara assured markets of future appreciation.
This week saw notable SGD to MYR fluctuations, surging to 3.53. Investors await Malaysia's MPC meeting amid a record-high US dollar to Ringgit exchange rate.
This week, the Singapore dollar (SGD) to Malaysian Ringgit (RM) exchange rate fluctuated significantly, briefly spiking to 3.54. The Ringgit's decline followed Malaysian PM Anwar Ibrahim's...