1:1 Brunei-Singdollar agreement : who benefits more? who sabos who?
Interesting topic that few Singaporeans ever think about. Here are some links that shed light on the matter.
http://www.mas.gov.sg/news-and-publ...ngapore-dollar-currency-peg--04-sep-1998.aspx
http://news.asiaone.com/News/Latest+News/Asia/Story/A1Story20110105-256473.html
https://www.reddit.com/r/singapore/comments/2lv6kl/eli5_why_does_singapore_and_brunei_have_fixed/
And lastly, the most educational link on this topic by far :
https://books.google.com.sg/books?i...who benefits more brunei or singapore&f=false
Interesting topic that few Singaporeans ever think about. Here are some links that shed light on the matter.
http://www.mas.gov.sg/news-and-publ...ngapore-dollar-currency-peg--04-sep-1998.aspx
http://news.asiaone.com/News/Latest+News/Asia/Story/A1Story20110105-256473.html
https://www.reddit.com/r/singapore/comments/2lv6kl/eli5_why_does_singapore_and_brunei_have_fixed/
And lastly, the most educational link on this topic by far :
https://books.google.com.sg/books?i...who benefits more brunei or singapore&f=false