Once again, the Malaysian ringgit fell, to the point where a Singapore dollar will get you over RM3. That's lowest in about four weeks.
The ringgit was down 0.26 percent to 0.33363 against the Singapore dollar late yesterday, according to Bloomberg, as Malaysia's continues to suffer from weak global oil prices. Our northern neighbours derive 22 percent of their revenue from oil-related sources, and every U$1 drop in commodity will risk 300 million ringgit in losses.
According to the market as of this writing, the Malaysian currency has strengthened slightly — S$1 will get you RM2.99212.