yen will go down. but SG dollar will definitely devalue. which will be more?
export is hurting us bad. our economy is driven by our main trading partner, USA. if you search the news you would find recent articles about how the US balance of payments deficit not only lessened, but also shrank. an even more recent local article said that the MAS may devalue the SG dollar to S$1.80 per US$. i am lazy to cite the references, you can check it out and let us know if it's wrong.
i'm going tokyo next month. some people are postponing their travel plans because of exchange rate. but that's assuming the exchange rate will get better. will it get better or will it get worse? who knows?
anyway the yen is not cheap now, but time is not cheap always. i might not have the time or opportunity to go next year.
good luck to everyone who will be going soon!
export is hurting us bad. our economy is driven by our main trading partner, USA. if you search the news you would find recent articles about how the US balance of payments deficit not only lessened, but also shrank. an even more recent local article said that the MAS may devalue the SG dollar to S$1.80 per US$. i am lazy to cite the references, you can check it out and let us know if it's wrong.
i'm going tokyo next month. some people are postponing their travel plans because of exchange rate. but that's assuming the exchange rate will get better. will it get better or will it get worse? who knows?
anyway the yen is not cheap now, but time is not cheap always. i might not have the time or opportunity to go next year.
good luck to everyone who will be going soon!