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| On a journey of life in the Middle East |
For Malaysians working abroad, and sending money home to Malaysia to meet financial committments, the strengthening of the Ringgit is not good news. Take my case, when I started on this new job in Saudi in 2009, for every SAR1000 I sent to Malaysia, I was gettting about RM970.00.
Now, on todays, exchange rate, my SAR100 is only worth RM800.00.
For Malaysians working in Saudi who started in 2009 or before, this is equivalent to a pay-cut of nearly 20%!
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