According to the general trend, the RMB has also appreciated against the Singapore dollar. It is best to hold RMB for a long time, otherwise the enterprise will be damaged by exchange rate changes. However, it will remain relatively stable in the short term, and the central bank will not adjust interest rates substantially at will, which will have a negative impact on the entire national economy.

Therefore, if there is no extra expenditure, it is recommended to hold RMB. Moreover, with the acceleration of RMB internationalization, it is likely that RMB can also be settled in Singapore in the next few years.

One Singapore dollar is about 4.95 yuan. You sell it to the bank.

You go to the bank and change the new currency around 1 into RMB 5. 15.

It is fair that the Bank of China has different quotations every day.

At present, there are many banks that investors choose to open accounts in Singapore, mainly DBS Bank, uob Bank, Standard Chartered Bank, HSBC Bank and Citibank, which can be handled directly and remotely in China, which is very convenient.

1, decibel (decibel)

DBS Bank, formerly known as Development Bank of Singapore, is the largest commercial bank in Singapore. DBS Bank provides various corporate and personal banking products and services, including personal banking, capital and capital market services, asset management, brokerage services and equity and debt financing.

2. uob

Uob is the third largest bank in Southeast Asia, with more than 500 offices in 9 countries. It provides a variety of commercial and personal banking products and services, private banking and asset management related services and insurance services.

3. Standard Chartered Singapore

Standard Chartered Singapore is one of the largest banks in the world, with more than 65,438+0,200 branches in 70 countries, and 90% of its profits come from its Asian business. Standard Chartered Bank provides trade financing, cash management, loans, securities services, foreign exchange, debt capital markets and corporate financing services for corporate and institutional customers. It also provides private banking services through the Private Banking Department.

4. HSBC Singapore

HSBC is a Hong Kong/UK multinational financial institution and one of the largest banks in the world. HSBC Singapore is a qualified universal bank, providing various banking and financial services, including retail banking, wealth management, commercial banking, investment banking, private banking, insurance-related services, trust services, securities-related services and capital market services.

5. Citibank Singapore

Citibank Singapore, founded in 18 12, is a bank headquartered in new york, USA. At present, Citibank operates more than 2,600 branches in 65,438+060 countries/regions. Citibank Singapore provides customers with various financial services. In addition to investment convenience and deposit accounts, Citibank also provides charge cards, mortgages and insurance products.