Even at 2.5 still good. People from Europe come here also around that rate while those from US not spending as much as before since our SGD almost parallel to USD now.
yep, oil producing countries couldn't meet agreement to freeze the production, main reason due to Iran refused to participate
crude price drop --> ringgit weaken
Things may turn south for the MYR if the 1MDB issue blows up in their faces today, dependent on whether the Malaysian government is going to default on interest payment to an Abu Dhabi fund.
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