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Money changers expect demand for ringgit to rise as land borders reopen

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People queueing at a money changer outlet in People's Park Complex yesterday. Most money changers said they were upbeat about sales of the Malaysian ringgit. ST PHOTO: KOLETTE LIM

People queueing at a money changer outlet in People's Park Complex yesterday. Most money changers said they were upbeat about sales of the Malaysian ringgit. ST PHOTO: KOLETTE LIM

Bryan Cheong, Amanda Lee, Kolette Lim

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Money changers are expecting demand for the ringgit to surge in the coming days and weeks as Singaporeans prepare to resume travel to Malaysia next week.
Demand for other foreign currencies is also expected to surge in the coming weeks, they added.
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