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.

Save 30% and win Bosch appliances! More Info

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , currency , ringgit , economy

Next In Business News

Tide may be turning for China
Senheng sees hope as stock hits rock bottom
Bottom fishing in O&G stocks
Is the correction over?
Sunway’s hospital business quickens the pulse
No ice cream scoop just yet
Too many cars, too many bays
Stigmatised properties: Ghosts or hallucinations?
Enhancing meeting procedures
Ringgit to trade within 4.42-4.45 range against greenback next week

Others Also Read