Monday, July 6, 2015

Ringgit Malaysia is in bad shape

The ringgit fell to a 16 year low of 3.8056 against the US dollar , the weakest in 16 years. The ringgit was pegged at 3.80 to the US dollar in 1998 during the Asian Financial Crisis and unpegged in July 2005.

I don't know where is it going to end. Looks like I have to start focusing on local tourism.

No comments: