Good grief. The Malaysian ringgit has fallen to levels not seen since the Asian Financial Crisis (AFC). One US dollar will now buy 4.78 Malaysian ringgits compared to 4.36 Malaysian ringgits just one year ago, and 3.3 Malaysian ringgits 10 years ago. In the depths of the AFC in 1988, one dollar could have bought […]

source: https://thefinance.sg/2024/02/27/smart-thought-of-the-week-ringgit/