09 Apr '13, 4am

The Strong SG$: Travelling Overseas

The Strong SG$: Travelling Overseas

09 Apr, 2013 The Strong SG$: Travelling Overseas Posted by: Singapore Entrepreneur In: Business in Singapore How much longer will the Singapore Dollar continue to show it’s strength? While it all depends on which currency you are basing it against, the world standard is still the US Dollar and the SG$ is showing some signs of weakening. (However, if you are planning on going to the UK, Europe or Japan, you’re in for a nice currency exchange bonus.) So while the last 30 days have seen very little up or down swings, at 180 days we can see a marked difference. If you had exchanged those dollars back on November 2012, you would have saved a pretty penny. Personally, I wasn’t expecting an upswing by the US$ because of its continued economic weakness and potential for another QE (quantitative easing = print more money) but then its economy started to show signs of life, which is...

Full article: http://entrepreneur.com.sg/wordpress/?p=1756

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