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Subject: Re: dollars or ringitt in Kuala Lumpur ? Posted on: Thu, 27 Jan 2005 14:35:53 +0800

On Thu, 27 Jan 2005 12:50:52 +0800, Leisureman
wrote:

>On Wed, 26 Jan 2005 18:33:58 +0000 (UTC), "peter lawless"
> wrote:
>
>>The post Office in the UK are saying that it is best to take US dollars to
>>KL. Is this a good idea ? Will everyone take dollars instead of Malaysian
>>currency ?
>>
>>Peter
>>
>
>US dollar is ok but if your original currency is Sterling Pound then
>there is no need to convert to US dollar otherwise you go through
>another conversion cost US to Ringgit Malaysia. Taking US dollar has
>one advantage: the currency is pegged to US$.

Perhaps that's a disadvantage, given the downward trend of the $US.

Chris

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