Weaker ringgit, rupiah can have unpleasant effects for Singapore

Weaker ringgit, rupiah can have unpleasant effects for Singapore
Tourist arrivals from China grew in the first half of the year, but those from neighbouring Indonesia and Malaysia fell. Both the rupiah and ringgit have hit new all-time lows against the Singdollar over the past few months as currency markets descend into turmoil
PHOTO: The Straits Times
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