SG dollar at record high against MY ringgit; S$1 to RM3.41

Anna Maria Romero
Sun, 28 May 2023 07:00:10 +0000
Business, SG Economy, exchange rate, Malaysian ringgit, Singdollar

SINGAPORE: The Malaysian ringgit has continued on a downward trajectory against the Singapore dollar, with the exchange rate now at S$1 to RM3.41. Since the beginning of 2023, the Singapore dollar’s value has increased by 4.15 per cent against the ringgit. Moreover, this may not be the end of the slump of the Malaysian ringgit. …