Falling ringgit touches 3.03 to the Singapore dollar

@ 2015-08-28

SINGAPORE: The Malaysian Ringgit Fell Further on Tuesday, into Uncharted Territory Against the Singapore Dollar. It slumped to a low of 3.0303 at 8:12 am to the Singdollar TRADE at 3.0194 before recovering to at 8:45 am. Customers flocked to the moneychangers on Monday to snap up after the Malaysian Ringgit currency Psychological Crossed the threshold of Three to the Singdollar. The Malaysian unit Fell about 1.4% on Monday to Settle at 3.0166 to one Singdollar, Leaving it down 19% from a year ago. The Ringgit led the Fall in Asian currencies on Monday on a global selloff in all assets, safe for the very safest, that followed China's surprise yuan devaluation two weeks ago -. The Straits Times / Asia News Network


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