The past few days have seen the MYR weaken against the USD, despite a recent recovery.
Certain car manufacturers will increase their car prices to cope with the falling ringgit.
The ringgit has declined for a fifth consecutive day to hit yet another 17-year low.
The ringgit was one of the worst performing currencies in Asia in 2014 and the trend has continued this year.
For expats living on foreign salaries, pensions, or other offshore income, the significant weakening of the ringgit is probably good news.
Over the last six months, most countries have seen their currencies decline against the US dollar.
The Malaysian ringgit has dropped by 2.3 percent in the last two days.