Singaporeans rush for Ringgit as its dollar hits new high

By MELISSA LIN and RACHAEL BOON

A money changer in People's Park Complex, Singapore with a sign informing customers it had run out of Ringgit. - ST PHOTO: DESMOND WEE

SINGAPORE: Business is booming for money changers here in the last two days as the Singapore dollar rose to its highest level in recent memory against the Malaysian Ringgit.

One Singapore dollar could buy RM2.7234 Wednesday - the weakest the Malaysian currency has been against the Singdollar since at least 1981.

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Economy , Currency exchange , Forex , Singapore Dollar , Ringgit

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