Little respite for the ringgit

a money changer outlet in Jalan Bukit Bintang. the ringgit was at a five-year low against the greenback on Wednesday before market was closed for the Chinese new year holidays.

PETALING JAYA: Cheap airfare is a boon for holidaymakers going overseas, but Malaysians can’t help but feel a little short-changed after a trip to money changers.

Take the Thai baht, which had advanced 13.2% over the past six months. At 8.93 last week, the baht is at its most expensive against the ringgit since 2007.