In lieu of the Malaysian Ringgit dropping against the American dollar and Singaporean dollar, it seems that it is stabilizing itself against the British Pounds. However, some netizens are thinking that the Ringgit has fallen further against the Pound, when in reality it has always been more or less the same.
Malaysian Ringgit vs British Pounds
Some are suggesting that there is confusion between the British pound and the American dollars. Users are stating that the Pound has always been stronger than the Dollar, and that other netizens should not be surprised at their higher rate of exchange. The Ringgit has dropped against the Pound within these few months, but it is still considerably lower than before.
Others state that back in the 1990s, 1 British Pound was equivalent to RM7. For many, they remember it as such. Furthermore, it seems that netizens who are familiar with the English currency are stating that it is quite “cheap” now.
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