@GoodLife99 @Universe宇宙 @SPACE ROCKET @TigerGPT @rL @Shyon @Aqa @koolgal @LMSunshine @HelenJanet
come comments and win coins ![[Smile]](https://c1.itigergrowtha.com/community/assets/media/emoji_001_weixiao.5a33f007.png)
good time to go holidays when SGD strong. bad that banks interest rates coming down...
in the ongoing global economic uncertainty, the Singapore dollar (SGD) has shown remarkable resilience. Last week, the SGD surged to 5.5634 against RMB—its highest level since 1997—and also touched a five-month high against the US dollar.
The recent strength is largely attributed to a selloff in USD assets, which drove $USD Index(USDindex.FOREX)$ down to 99.015, marking an 8% decline year-to-date.
As interest rates decline, Singapore residents are rethinking how to manage their savings. Most local banks now offer fixed deposit rates between 2% and 2.5%
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