[Official Thread] Ringgit Exchange Rate

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trd2970

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2.78 and 2.80, it's not even 1% increase
Dont let it be a show stopper or dampen your spirits
 
steven168z

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Probe finds $700M flowed to Malaysia PM's accounts: WSJ
http://www.cnbc.com/id/102807962


Nearly $700 million of deposits were made into what are believed to be the personal bank accounts of Malaysia's Prime Minister Najib Razak, according to documents from a government investigation of a controversial state investment fund, the Wall Street Journal reported Friday.

The document shows the movement of cash from 1Malaysia Development, or 1MDB, through government agencies, banks and companies, before it landed at Najib's accounts, directly connecting the prime minister to the deeply indebted fund for the first time, the WSJ reported.

Najib has previously denied involvement and a government spokesperson said the prime minister hasn't taken any funds for personal use, calling the document "baseless smears" from political opponents, the report said.

Read MoreBad news is good for Malaysia's rubber glove makers

A spokesperson for 1MDB said the fund wasn't aware of the tranfers to Najib's account, adding that doctored documents have previously been used to "discredit" the fund and the government, the report said.

The investigation hasn't shown what happened to the funds after they went into the personal accounts, the report said, noting that 1MDB owes around $11 billion.
 
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dleodleo

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So the best rate is 2.8 on 22 June 2015 Monday.

Hopefully will drop till 2.8 again in future.
 
Ronaldo88

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GqyJRKN.jpg

Song bo..2.85 mth end?
 
AS1

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Arcade today a number of shops the ringgit out of stock. Highest rate so far is 2.786 there. Sgd 305 is about 850 ringgit now.
 
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