Malaysian Ringgit and Singapore Dollar Updates

For those people who had been trading in the Malaysian Dollar (MYR) and Singapore Dollar (SGD) pair, the Malaysian Ringgit had made a mini-revival of sorts in recent weeks, rising as much as 5% against the Singapore dollar in Apr 2010. While the MYR/ SGD pair had been fluctuating historically, the recent gains by the Ringgit seem to indicate that the Malaysian economy is gearing up in anticipation of new optimism. And there were 3 main reasons why.