I'm so shocked to see that the exchange rates between the Malaysian Ringgit, Singapore Dollar, the British Pound and the US Dollar have changed dramatically!!!
At the moment, both the British Pound and the US Dollars have taken heavy beating over the exchange rates. Presently, one pound equals to only RM 5.08. Previously, you would expect the Pound to hover around RM 6.50. It goes the same to the US Dollars. The US Dollar is being traded at RM 3.38 which is significantly lower than the usual RM 3.80.
The Singapore Dollar is also gaining ground. Presently, a Singapore Dollar can fetch around S$ 1.40! That is a record though... One British Pound can only receive around S$ 2.11 which is significantly lower than the usual S$ 3.23.
When is the Euro zone going to pick up from the last recession?