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More reserves must be spent to support SGD.... jialat
https://www.google.com/search?q=usd+to+sgd&rlz=1C1PQHB_enSG906SG906&oq=usd&aqs=chrome.1.69i57j69i59j0i67i131i433l2j69i61j69i65j69i61l2.5581j0j7&sourceid=chrome&ie=UTF-8
(This post was last modified: 27-01-2022, 09:26 PM by
RichDad.)
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It's inevitable
USD must strenghten
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There are estimated 4 or 5 fed fund rate rise. Inevitable money go back USA.
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When Singapore $2 against US$1 in the past ,many things are still much cheaper than today. Mismatched in various areas.
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Printing too many SGD, now become toilet paper.
Busy buying back toilet paper and remove them from market….
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
(This post was last modified: 27-01-2022, 10:31 PM by
RiseofAsia.)
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Property sector will be the first to be affected.
Song Boh!
No more free $$$ and cheap loan…
Raising GST is a clear signal, they are not going to print so many toilet papers liao.
Ask you to buy their the toilet paper(mess) created by them…
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
(This post was last modified: 27-01-2022, 10:40 PM by
RiseofAsia.)
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Afterall is part of currency carry trade, years of easy money is quite huge.
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