Sing $ to depreciate

[krafty]

The possibility of Singapore's central bank easing monetary policy at its scheduled policy review in April is rising, analysts say, as weak economic data points to a worsening outlook for growth.

A batch of indicators released last month showed the city-state's economy ended last year on a lacklustre note, adding to worries that global headwinds will keep the trade-dependent economy on a wobbly footing this year.

Last year, exports fell 0.1 per cent, the third straight year of annual decline, while industrial production suffered its biggest year-on-year slump in eight months in December. "The probability of Singapore slipping into recession...is increasing," said Dr Chua Hak Bin, Asean economist for Bank of America Merrill Lynch.

http://www.straitstimes.com/business/economy/likelihood-of-mas-easing-monetary-policy-rising-experts

 

[Wunderfool]

This is good for the economy as we are still very much an export driven economy.

 

[syed putra]

Commodities are cheap, so should S$. Otherwise there will be deflation.

 

[krafty]

This is good for the economy as we are still very much an export driven economy.

not really, we are financial hub and importation will be more expensive as sing$ depreciate.

 

[krafty]

Commodities are cheap, so should S$. Otherwise there will be deflation.

i see every country from japan to europe in a currency war, all trying to make their money cheaper.

 

[po2wq]

dey shud slash it by @ least 50 percent ...

 

[mojito]

A weak dollar is good for the labour market, but only for certain payscales. Expect raises in a weak economy.

 

[hbk75]

This is good for the economy as we are still very much an export driven economy.

Not good for property slaves as sibor will rise quickly.

 

[Wunderfool]

Knowing that $S will be devalued, what are you doing?

 

[mojito]

Knowing that $S will be devalued, what are you doing?

With raises expected around the corner and FTs leaving, now is the time to purchase a nice condo with a sea view.

 

[Wunderfool]

With raises expected around the corner and FTs leaving, now is the time to purchase a nice condo with a sea view.

If $S devalues, more foreigners will be coming in to buy our properties because their currencies are stronger.

If $S devalues, one cup of kopi which is used to be $1 becomes $1.50 because most of the kopi ingredients are imported.

 

[frenchbriefs]

everytime something bad happen to singapore,i want to orgasm and rub my nipples.i want to sing a slow jam rnb love song and make love to my hand.

[video=youtube;glhdcJ7K3XM]https://www.youtube.com/watch?v=glhdcJ7K3XM[/video]

 

[mojito]

If $S devalues, more foreigners will be coming in to buy our properties because their currencies are stronger.

If $S devalues, one cup of kopi which is used to be $1 becomes $1.50 because most of the kopi ingredients are imported.

Rubbish. That time when sing dollar strengthened, did your kopi price go down because it cost less to import?

 

[Wunderfool]

Rubbish. That time when sing dollar strengthened, did your kopi price go down because it cost less to import?

The kopi price did not go down then because the rental went up. You can check with Dr VB.

Do you think the rental will come down if the $S devalues ?

 

[Devil Within]

Prepare for everything to go up in price. Inflation is coming. Those who think this is good, don't kpkb when you kopi go up to $5 a cup in kopi tiam.

 

[mojito]

The kopi price did not go down then because the rental went up. You can check with Dr VB.

Do you think the rental will come down if the $S devalues ?

Oh! So kopi price will go up whether or not sing dollar is strong or weak? Then why worry? You are screwed either way! Many silly people here like to blame this blame that, worry this worry that. Why dun you just go out and make more money?

 

[Wunderfool]

Oh! So kopi price will go up whether or not sing dollar is strong or weak? Then why worry? You are screwed either way! Many silly people here like to blame this blame that, worry this worry that. Why dun you just go out and make more money?

I did... I owe the shop.

 

[frenchbriefs]

dont worry sti is dropping like mad,down 1.3k from the peak.all the investors are fleeing this island.pretty soon u can own all the singaporean companies at 1/5th their price.

 

[johnny333]

.....now is the time to purchase a nice condo with a sea view.

Don't have to spend a fortune for a place with a seaview. Just look for a place outside of Spore.

 

[winnipegjets]

not really, we are financial hub and importation will be more expensive as sing$ depreciate.

What financial hub? Money-laundering hub for sure ...financial hub is the PAP's jargon for that. Sinkapore as a financial centre is a myth that PAP sells to sinkees. We have the rejects of the foreign financial industries.