46 days ago, 1 SGD equal to 2.57 MYR but
nowadays 1 SGD equal to 2.66 MYR. This situation have make most of the Malaysia
people worry about their earnings for the future. It is because if value of MYR
keeps dropping before next year implication of GST, people in Malaysia will
suffer a lot and their financial situation will be affected if the situation
didn't turn well.
The main reason of MYR drop and SGD keep
increasing is due to economic structure between Malaysia and Singapore are
different. The Singapore Government has been admitted to support new currency
to keep their currency stable and rising while Malaysia Government tends to
more focusing on export advantages.
In my opinion, if the situation still remain the
same which MYR keep dropping until next year, most of Malaysian will seek for
job opportunity in Singapore although we maybe just being treat as foreign workers
and may not have high salary as well but we can enjoy on spending or
commitments incurred in Malaysia.
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