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I thought growth had worsen in Q1, so easing or widening of trading band by MAS might happen. Perhaps that is why money changers are selling their RM stocks (just guessing).
I thought growth had worsen in Q1, so easing or widening of trading band by MAS might happen. Perhaps that is why money changers are selling their RM stocks (just guessing).
Don't think we can look at statistics that way. Anyway the general appreciation slope for SGD is now 1% against major trading currencies (as opposed to 2% previously), so we can do our own maths.