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10 APRIL 2024

Friday, August 21, 2015

Johor sultanah offers to help students abroad as ringgit tumbles

Permaisuri of Johor Raja Zarith Sofiah Sultan Idris Shah is concerned for the well-being of Malaysians studying in the UK and US as the ringgit continues to perform dismally against major currencies. – The Malaysian Insider file pic, August 21, 2015.Permaisuri of Johor Raja Zarith Sofiah Sultan Idris Shah is concerned for the well-being of Malaysians studying in the UK and US as the ringgit continues to perform dismally against major currencies. – The Malaysian Insider file pic, August 21, 2015.
The Permaisuri of Johor Raja Zarith Sofiah Sultan Idris Shah has expressed concern for Malaysian students in the United Kingdom who could be facing financial difficulties because of the weaker ringgit.
"How much can their parents or families send them? I am here in the UK on holiday, but I am lucky because I can afford the luxuries here.
"To the Malaysians who are living or studying in the UK please let me know how I can help. Is there a student body which can help with students who need financial help?" Raja Zarith, who is also an Oxford graduate, wrote on her Facebook page.
The ringgit has dropped 6.6% versus the US dollar this month, battered by political scandals, slumping oil prices and China’s devaluation of the yuan.
As of today, the Malaysian currency stands at 6.53 against the pound sterling and 4.16 against the US dollar.
- TMI

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