Can A Strong Singapore Dollar Beat Inflation? | Money Mind | Currency Outlook

It’s been Asia’s most resilient currency, but can a strong Singapore dollar beat inflation?

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#CNA #MoneyMindCNA #SingaporeDollar #Inflation

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[gotmyonu]

This snack is unhealthy and bloody expensive... Good for the rich and elites.

I can't afford and won't buy it.... ever.

[xcreionx]

Stronger currency means cheaper import. Singapore take care of it's citizens.

[tanpengjoo]

Strong dollar only powerful in foreign countries where $1 can exchange mountains of paper currency

[exeqzalie]

stagnant growth due to rising costs, high inflation due to rising prices.. stagflation imminent

[sarayoung]

Singapore is famous for expensive, wants cheap staffs go Thailand 🇹🇭 🤪

[ifuknjk]

sg$ strong good 4 holiday in thailand, malaysia, indonesia, philippines etc...back home buy less food n essentials... but ok...foreigners earning sg$ n sending home more money good.. as long as us$ strong n getting strong a sg$

[mariantia]

Why should it be a problem?? 🤔 🤔 There's always tonnes of strategies to apply. If japanese products be it fruits, cakes or tidbits which are more expensive than u can be well liked n popular among the world, why not Irving?? 🤔 🤔To me, observe the whole world, how is their products as premium as u, able to capture huge customer based... If japanese products can do it, why not us singapore product.

[marysaucedo]

Currencies are like rain. Sometimes up, sometimes down. Despite the economic downturn, I am very happy making profits as i trade with Mrs Esther Teng, her skills set is exceptional

[leealex]

Businesses will move elsewhere to be more competitive

[tanjeffrey]

Can cushion but not to beat completely, because import can benefit but not export with higher cost.

[praveenrk]

The only reason why it's expensive is because their raw materials are all imported and nothing is local possibly including their manpower! This is certainly not an example for showing inflation or currency stability.

[MrBoliao]

Simply why one holds onto SG equities. When there is a global tsunami, the SG equities are the only one that is stable, maybe way too stable.

[jamesteh]

Practically, Singapore does not have the market size.

[wwbren]

All those people complaining prices still high, I can tell you it will be much worse if our government cannot support the Sing dollar. Poorer countries elsewhere are getting it much worse as US skyrocket their interests rate.

[leoqikeng]

basically spending ur money in other countries are more worth it

[toquan]

Does Malaysia factories get cheaper raw materials. 🤔

[Unexpectedstickbug]

Please HELP in my country we are 3x times worse than France with inflation

[bell-xkdd]

Importance is quality and trust, when people trust our products, people will be willing to buy from us...

[madloop]

Awareness to hipe 😂 lol, nice try kina!

[xxoo-lpvc]

17 Oct, 2022. Some 140, 000 people march in Paris to protest against inflation in France
Including France’s newly crowned Nobel literature laureate, piled into the streets of Paris on Sunday, in a show of anger against the bite of rising prices and cranking up pressure on the government of President Emmanuel Macron.
French news channel BFMTV cited the organisers as saying that some 140, 000 people took to the streets of the French capital. Organizers had only expected about 30, 000 people to turn up.

Transport strikes called for Tuesday threaten to dovetail with wage strikes that have already hobbled fuel refineries and depots, sparking chronic petrol shortages that are fraying nerves among millions of workers and other motorists dependent on their vehicles, with giant queues forming at petrol stations.