Stock Infographics
SGD/MYR to reach 1:4 soon ?
DonkeyStock
Publish date: Wed, 26 Jan 2022, 07:20 PM
Singapore is slightly raising the rate of appreciation of its Sing dollar nominal effective exchange rate (S$NEER) policy band.
S$NEER is the exchange rate of the Singapore dollar managed against a trade-weighted basket of currencies from Singapore’s major trading partners. (US, China, EU, Malaysia, Japan, Taiwan, Australia, South Korea, Indonesia, UK, Vietnam, Phillippines, Thailand, Canada, India)
What does it mean? It means the Monetary Authority of Singapore (MAS) is going to strengthen its currency in order to curb inflation. By raising the slope of its policy band, the MAS is effectively allowing the Sing dollar to appreciate, making imports cheaper and exports more expensive.
You can see a highly correlated pattern between SGD's strength and the $NEER Index. In short, SGD may be starting another round of strengthening cycle.
Source: iSquare Intelligence
More articles on Stock Infographics
Missed the Opportunity to Purchase More Shares During the Company’s Price Dip
Created by DonkeyStock | Jun 05, 2024
MPHB Capital Privatization: A Questionable Valuation
Created by DonkeyStock | May 28, 2024
Higher offer price for MPHB Capital Bhd ?
DC Healthcare’s Financial Roller Coaster
Created by DonkeyStock | May 27, 2024
DC Healthcare Bhd has delivered a worsening financial result
These investors are mastering the real estate game.
Created by DonkeyStock | Jan 04, 2024
Property investing by these visionary Singapore-based companies
Why Guan Chong Bhd share price reach Covid 19 low ?
Created by DonkeyStock | Jan 03, 2024
Discover the factors behind this surge, the challenges faced by top cocoa producers, and the ripple effect on chocolate manufacturers
The USD to RUB exchange rate might hint at an impending truce.
Created by DonkeyStock | Aug 15, 2023
Companies that delivered significant profit growth in the latest quarter
Created by DonkeyStock | May 03, 2023
Companies listed on Bursa Malaysia with an outstanding quarter results for the month of Apr 2023.
Discussions
1 person likes this. Showing 6 of 6 comments
Government must be just and fair to all
as the Word of God says
"He who rules over men must be just. Ruling in the fear of God"
And before God all men are equal
2022-01-27 17:31
any good policy is not going to work in malaysia as the country not that concern with equality for human and close one eye on corruption for the culprits link to the government.
2022-01-27 17:37
Wise words, in bolehland they also agree to implement laws to placate gods but along the way corruption seemed to hitch many rides in every bandwagons of justices. Looks like before gods, men have implemented george orwell's animal farm, some are more equal than others.
calvintaneng Government must be just and fair to all
as the Word of God says
"He who rules over men must be just. Ruling in the fear of God"
And before God all men are equal
27/01/2022 5:31 PM
2022-01-28 09:50
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
1
4
BFM Podcast
5
BFM Podcast
6
BFM Podcast
7
BFM Podcast
8
BFM Podcast
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
Righteousness exalts a nation
Well done Singapore!
2022-01-26 19:28