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🤑 US$1 to S$1 could happen in our lifetime, said the chief economist at the Bank of S'pore.
This is if the S'pore dollar continues to rise against the US dollar.
➡️
https://bit.ly/44wrVQ2
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Already achieve parity with CHF eons ago ... USD is sup sup water ...
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Same as Aussie dollar.
During the 80s A$ was very strong .
Never expect S$1 to A1.20 today.
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Impossible as the basket of 5 currencies that form the value for Singapore dollar is US dollars and I heard it is a high proportion of the 5 currencies.
So if US dollar sink in value, proportionally Sg dollar also will drop in value. So change is very little
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drop to 1.19 first
then talk
1.19 happened ard aug 2011