[Official Thread] Ringgit Exchange Rate

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rome22

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SINGAPORE (BLOOMBERG/REUTERS) - The Singapore dollar turned sharply higher after the Monetary Authority of Singapore refrained from easing monetary policy further and as economic growth last quarter beat analysts' estimates. The Sing dollar jumped about 0.8 per cent to as firm as 1.3610 per U.S. dollar. Before the announcement, the currency weakened to 1.3746, compared to the previous close of 1.3714. The Monetary Authority of Singapore said Tuesday it will "maintain the policy of a modest and gradual appreciation" without adjusting the pace of its currency's moves. Gross domestic product rose 2.1 per cent in the three months through March from the previous quarter, the trade ministry said separately. The median forecast in a Reuters survey was 1.8 per cent. A faltering growth outlook, coupled with the nation's longest disinflation streak since the global financial crisis, had put pressure on the monetary authority to add to an unexpected January policy easing. While cheaper crude has contributed to falling consumer prices, officials have said Singapore's economy stands to benefit on the whole as a net oil importer. - See more at: http://www.straitstimes.com/news/bu...monetary-policy-20150414#sthash.gKTk81Lj.dpuf
 

denial86

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which 2 shop at arcade?:s12::s12::s12::s12:

Erm... From memory it should be the shop with the green sign on the second floor (Sheen Money Exchange I think?) and the new one further back with the yellow sign (JTC or something). Anyway I tell you now also like that, if you go to Arcade in person, just walk pass all to take a look. The rates change fast there. =:p
 
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