MAS destroys millions of new S$2 notes after each Chinese New Year as they exceed circulation demand

[princessreiko]

 

[Furore]

Jin wasteful

 

[nats7798]

just paynow lar

people only want the $ inside

 

[Full_Cream_Milk]

The ang bao design from which

Bank? Looks like 白板

Very distasteful

 

[Level42]

Trying to give excuses not to have new notes for CNY. Basically somebody is trying hard to change the Chinese tradition. Maybe same group of people shouting Chinese privilege.

I get very suspicious when this MAS chief comes out to discourage property purchase. I wonder if there’s an attempt to deter purchases by the majority so that some people’s village kakis get to snap up the limited properties.

 

[tokiya]

Trying to give excuses not to have new notes for CNY. Basically somebody is trying hard to change the Chinese tradition. Maybe same group of people shouting Chinese privilege.

I get very suspicious when this MAS chief comes out to discourage property purchase. I wonder if there’s an attempt to deter purchases by the majority while some people’s villages kakis can snap up the limited properties.

MAS chief is a Singaporean.

Don't anyhow.

 

[m0n0n0ke]

Lucky never print like usd

 

[caipngzuibang]

notch simpur..

destroy millions after each CNY..

 

[Clarence NMT]

MAS intro E angbo? With paynow?

 

[Lareina]

wah..didn't know they so wasteful one.

 

[iPod Jack]

Is call out of circulation

simi destroyed...

 

[tremor]

They talk cock one, this is normal. Old notes are constantly brought out of circulation. Due to wear and tear and damage.

Got which country don't do that. Stop trying to sabotage chinese tradition.

 

[lifeislame]

it is hinting you sg is too expensive till 2 dollar cannot buy alot of things


Read HWZ Forum Rules!

 

[Level42]

MAS chief is a Singaporean.

Don't anyhow.

I didn’t say he’s not a Singaporean.

https://m.economictimes.com/nri/nri...-of-asia-pacific/amp_articleshow/62367052.cms

 

[SmokeBomb]

Why need to destroy?? Cannot just keep and reuse for the next year? Then next year no need print mah...

Dollar bills got expiry date one meh? Print how much, also no one knows...

 

[havoc23]

 

[wwenze]

Lucky never print like usd

USA print money their money still rise against us

SG destroy money still drop

 

[Mebeater]

Are they saying that only Chinese are cash-rich?

 

[Kanko San]

Talk cock.
I want to change new one said don't have.

 

[delfina]

Heng I only got $2 notes