[watchfirst9]

It is some other currencies which fall more, against commodities SGD still falls.
We can see from food, fuel, housing etc.

Likely their Yen basket of currency weightage is more than Sg.
They more willing to depreciate than us.

[A2Z]

We all know that increase interest rates will fight inflation. But don't understand how increase strength of a currency can bring down inflation. I still hv to buy food at already increased prices dont feel any savings? Some experts here pl explain.thanks

[FangFang]

A flight that also need to pay more.

[sporeguy]

We all know that increase interest rates will fight inflation. But don't understand how increase strength of a currency can bring down inflation. I still hv to buy food at already increased prices dont feel any savings? Some experts here pl explain.thank

The dollar is considered strong when it rises in value against other currencies in the foreign exchange market.

A strengthening Singdollar means it can buy more of a foreign currency than before.

With the singdollar strengthening Singaporean consumers benefit from cheaper imports and less expensive foreign travel.

Goods produced abroad and imported to Singapore will be cheaper if the manufacturer's currency falls in value compared to the Singdollar.

So if Singdollar did not strengthen the goods you purchased would had been even more expensive!

Anyway this is one part - the strength of Singdollar - there're other factors that also affect the price of goods: salary rent utilities tax transportation logistics - all these go towards the final price of the goods that consumers have to pay ...

[singlon]

what happen if your reasonings stand on the wrong ground
The old ways of calculation cannot be used.
Now you need to REALLY defined MONEY and the currencies that flow from her
You cannot go to the IMF borrowings out of Nothing

[singlon]

This is Singapore posture
Money and currency
From here she must trade


The flow is strong

wealth is 153.74 tones of gold bullions

[sporeguy]

This is Singapore posture
Money and currency
From here she must trade


The flow is strong

wealth is 153.74 tones of gold bullions

It's ok! Our foreign reserves are huge - for a small nation!

We are safe!

[singlon]

In this new era you must not trouble Halimah with Auditing
insisting on EY Audit

[singlon]

You shout
The Harlot of Babylon has fallen

[singlon]

All your Bank Trading rooms Boys must immediately take high quality ginseng
It gona get Redhot

[sporeguy]

Singlon so frightening like that ... like gone cuckoo!

[A2Z]

The dollar is considered strong when it rises in value against other currencies in the foreign exchange market.

A strengthening Singdollar means it can buy more of a foreign currency than before.

With the singdollar strengthening Singaporean consumers benefit from cheaper imports and less expensive foreign travel.

Goods produced abroad and imported to Singapore will be cheaper if the manufacturer's currency falls in value compared to the Singdollar.

So if Singdollar did not strengthen the goods you purchased would had been even more expensive!

Anyway this is one part - the strength of Singdollar - there're other factors that also affect the price of goods: salary rent utilities tax transportation logistics - all these go towards the final price of the goods that consumers have to pay ...

So it means eg US1=S$1.36 say now 1.35 it takes less S$ to buy overseas goods which are quoted in US$, Many consumer products prices already gone up, there is no savings for consumers as whatever savings by importers they are not going to reduce prices for consumers. I can see next round of company results reporting it will another billionaire is born. Many consumer goods are already imported way before inflation kick in and they are already in the warehouse. New imported goods will have inflation but not those storing in warehouses. Yet recently everything also go up. This is some kind of profitering.

[Huliwang]

So it means eg US1=S$1.36 say now 1.35 it takes less S$ to buy overseas goods which are quoted in US$, Many consumer products prices already gone up, there is no savings for consumers as whatever savings by importers they are not going to reduce prices for consumers. I can see next round of company results reporting it will another billionaire is born. Many consumer goods are already imported way before inflation kick in and they are already in the warehouse. New imported goods will have inflation but not those storing in warehouses. Yet recently everything also go up. This is some kind of profitering.

That's how business men with the foresight to stock certain products become billionaires. Some airlines stocked or called hedged fuel at high price for 20 years loss big time when Russia is selling cheap fuel. These are business risk taking  and cannot be viewed as profiteering imo......

[Yin yang]

Hot money from all over the world will b coming here...$$$ makes $$$ which makes a place vibrant, secure n conducive esp to the unicorns employing good jobs for thousands of fresh grads from our U's ....n attracting the best possible talents from around the globe...those cannot or too old lazy to compete will b given food vouchers/ handouts..anyway plenty of jobs for those who want to exercise their mind body soul...withoit work, other unwanted ailments like dementia, stroke, cancer ,etc will come naturally
My friend's tenant is a distinguished Astar prof from overseas