STOP SAPPORTING OPPO OTHERWISE 1USD=2SGD!!!

edmund77

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knn me want go buy things, u keep on vote oppo cause unrest and depreciate sgd... be grateful la
Wa best if usd/sgd can go to 3. I long $10million since mid last year. Voting opposition to ensure sgd depreciates to 2 :)

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ICEMAN_ACE

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Moi don't even have 1$ with the current situation, pay until nothing left liao, not enuff min to take out anything from cpf, cum Nov moi is going Changi chalet. So you tell moi exchange rate for fug. What's most impt thing is 1$ can still buy something to feed myself for the day. :s27:
 

OngHuatHuat

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It was 1.7+ in early 2000s and under PAP, what gives?

Even if you support opposition also don self pwn...
You are telling the whole world, sgd appreciates a lot under lee hsien long.

Dododo..........
 

worcer

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Even if you support opposition also don self pwn...
You are telling the whole world, sgd appreciates a lot under lee hsien long.

Dododo..........

I thought ts say vote opposition or sgd will depreciate under pap?
 

toolbox03

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Ern...... I was replying to the person who said in year 2000 usd : sgd = 1 : 1.7x

Dunno what TS wants.

Whether under pap or opposition, currency is something they cannot really control, there are external factors involved, i bet u were not even born yet

And sg is one of the only few countries using currency as a economic tool, sometimes may even dip into reserve just to prop up the currency
 
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OngHuatHuat

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Whether under pap or opposition, currency is something they cannot really control, there are external factors involved, i bet u were not even born yet

And sg is one of the only few countries using currency as a economic tool, sometimes may even dip into reserve just to prop up the currency

If don use currency tool, how to keep price low?
Since most of the goods are imported.
 

OngHuatHuat

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Whether under pap or opposition, currency is something they cannot really control, there are external factors involved, i bet u were not even born yet

And sg is one of the only few countries using currency as a economic tool, sometimes may even dip into reserve just to prop up the currency

Singapore inflation is way lower compared to countries like Malaysia, Indonesia and China. One of the main reasons is because of the monetary policy to keep currency strong.
But by keeping the currency strong, it is hurting the export of the country.

So which one you prefer?
 

RadEoNic

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ok jurong can vote for tharman
reinstate back as minister of finance
problem solved
 

NewInvestor

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If USDSGD 2:1, our SIBOR will shoot through the roof liao. Then properties all on fire sale, huat arh!!


Hahaha. Not really true. A sharply depreciated SGD has a sharp inflationary effect. Chances are property will shoot up cos lots of foreigners buying using their expensive USD. And gahmen can help prop price rise by removing current prop restrictions.
 
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