Asia Sentinel

Asia Sentinel

Malaysians Seek Currency Havens as Crisis Grows

Albert's avatar
Albert
Aug 07, 2015
∙ Paid
Share

Consumers in Malaysia are turning to money changers to trade the domestic currency for US and Singapore dollars, triggering a foreign currency shortage as a steeply falling ringgit cuts into their buying power.

Currency traders say the run on the ringgit is causing a shortage of US dollars as people try to move their money into safer currencies. At least…

Keep reading with a 7-day free trial

Subscribe to Asia Sentinel to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Asia Sentinel
Publisher Privacy
Substack
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture