Firmer ringgit could make shopping trips across Causeway costlier for Singaporeans
The Malaysian ringgit has strengthened against the Singapore dollar, moving from over RM3.30 to around RM3.18 per Singapore dollar in recent months.
The Malaysian ringgit has strengthened against the Singapore dollar, moving from over RM3.30 to around RM3.18 per Singapore dollar in recent months.
Critics warn this preferential treatment distorts the market, potentially causing financial losses for Indonesian state-owned Pertamina by missing the best prices.
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