Ringgit drops to 12

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They said their Singapore bucks are being also exchanged by clients for ringgit in larger quantities. Mr Danny Yoong, 2nd vice-president at good money changer companies in KLchangers Association, Singapore, stated: “it is possible to see folks are beginning to transform more (cash) – some of these are going to keep for future usage. The Singapore dollar is powerful, so for the December vacations as well as for those that consistently visit Malaya to purchase grocery stores, they stress the cost will increase.