KLCI gained 5.61 points to close at 1,546.76 points as at 5pm market close on 27 May 2022, with 400 stocks gaining, 533 stocks losing and 413 stocks unchanged.
In the currency market, US$1 can be exchanged for RM4.35 and S$1 for RM3.18, according to the latest exchange rate from a money changer in Selangor.
With the Malaysian dollar hitting a record low against the Singapore dollar, many people are queuing up to exchange their Singapore dollars for Malaysian dollars.
According to UMNO Senator, ringgit is expected to fall to RM5.50 to US$1 by the end of this year if the government does not take appropriate action to curb its continued depreciation.
You can see the latest exchange rate of the Malaysian Ringgit against foreign currencies here.
