Dollar Rush: Housewife Diana Lau, 46 took the opportunity to change her Dollars to Ringgit as Ringgit fell to a low of 4.37 against the US Dollar at a money changer in Mid Valley shopping mall, here yesterday
IT was an odd morning yesterday when the value of the ringgit against the US dollar appeared stuck for some time.
The ringgit, which has been pounded the past couple of days since Donald Trump won the US presidential election, seemingly was not moving up or down. In time, word got around that traders were not providing transaction data or conducting ringgit transactions offshore. Furthermore, the ringgit was trading on a tight band based on a reference price of Thursday’s close against the US dollar.
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