You’ve seen the long queues at the money changers. People are taking advantage of the weak ringgit, buying it to fund cheaper trips up north. Here’s why you should be worried about the falling ringgit. — The last time the ringgit was this weak compared to the Singapore dollar was during the 1998 Asian financial crisis, when S$1 netted you RM2.66. Now, the currency is hovering in this estimated region and has the potential to fall even further. The falling currency has come at an opportune time – the holiday period. Enterprising holidaymakers in Singapore are whooping with joy, especially since it means your dollar stretches further in Boleh-land. If this trend continues though, Singapore will be affected by the impending financial storm. — Why is the ringgit dropping? Oil and gas is big business in Malaysia. Oil-related industries account for an estimated 40 percent of the country’s ......