Stronger ringgit spurs more to buy foreign currency
PETALING JAYA: Some regional currencies are seeing strong demand from Malaysian buyers following a sharp rise in the value of the ringgit.
As a result, moneychangers are experiencing brisk business as Malaysians take advantage of the cheaper rates.
Malaysian Association of Money Services Business president Datuk Seri Jajakhan Kader Gani said the strongest currencies in demand at the moment are the Japanese yen, Chinese yuan, Thai baht, Vietnamese dong and Indonesian rupiah.
He said the main customers are holiday travellers.
“Moneychangers have report
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