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Against the dollar storm, the Singapore dollar became the winner of the global currency. Where does the Singapore dollar win?
Against the dollar storm, the Singapore dollar became the winner of the global currency. Where does the Singapore dollar win? The reason why the Singapore dollar can hold on is that the monetary tightening and the exchange rate tightening are relatively in place. Then under such circumstances, we can be so resilient, even if it is a beauty storm. Singaporeans have really become the biggest winners. Compared with other currencies, it is still better.

The main reason why the new currency can withstand the storm is that the policy is in place.

In this dollar storm, many currencies can't bear this ability, so I think Singapore's coins are still in place very often. They can withstand the dollar storm and become the biggest winners of global currencies. In fact, so far, they have only fallen by 4%, which is equivalent to no decline at all, so there is every hope that Singapore's currency will continue to move forward and become stronger.

Monetary tightening and exchange rate tightening policies have been put in place.

This kind of currency tightening and exchange rate tightening is very beneficial to this place, so Singapore's currency can resist this temptation. Similarly, Singapore's currency is also very resistant to counterfeiting. No matter how crazy the dollar storm is, the Singapore dollar will always be better, neither rising nor falling. It can be said that it has withstood the dollar storm and may become the world's first currency in the future.

A decrease of 4% is equivalent to no decrease.

Why is Singapore's currency so good? The main reason is that their currencies have been tightened, and this tightening policy is particularly in place. For them, the value of this currency has depreciated by 4%. Isn't that equivalent to no depreciation? This is too resistant to construction. So the Singapore dollar will be the biggest winner, and this advantage will become more and more obvious. I think the new currency is probably the first one in the future.