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NTUC import large volumes cheapest poultry and meats from Brazil due to Strong SGD against falling cheap Brazilian Real but not transferring savings to benefit Singapore consumers
https://tradingeconomics.com/sgdbrl:cur
(This post was last modified: 16-04-2025, 06:26 AM by
Scythian.)
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(13-04-2025, 01:39 PM)watchfirst9 Wrote: strengthen against who, the dollar?
https://onecms-res.cloudinary.com/image/...supply.png
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When a govt or entity believes they are in the best position to redistribute wealth (including to own pocket), they will have policies and SOP to do so. Just need to look for surpluses in their books and then see where the money will eventually end up in. Don't just listen and see what they say, check and see what they really do...
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Poultry is internationally traded lah with futures market. Simi cheapest Brazil and title description not benefiting consumers ....