Malaysian working in Singapore? How has the exchange rate been impacting the pay?
The exchange rate’s impact on Malaysian salaries in Singapore is notable, with a decrease from S$1 to RM3.37 in 2015 to S$1 to RM3.15 today. This change means a potential loss of RM12,600 annually for a S$5,000 salary. Current rates are better than 2021, benefiting Malaysian workers.
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