http://forum.channelnewsasia.com/viewtopic.php?t=217942
<TABLE class=forumline cellSpacing=1 cellPadding=3 width="100%" border=0><TBODY><TR><TH class=thLeft noWrap width=150 height=26>Author</TH><TH class=thRight noWrap>Message</TH></TR><TR><TD class=row1 vAlign=top align=left width=150>Johnlaw2012
Joined: 14 Apr 2008
Posts: 4556
</TD><TD class=row1 vAlign=top width="100%" height=28><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR><TD width="100%"> Posted: Mon Feb 09, 2009 4:01 pm Post subject: Will SGD devalue soon? Due to recession and Billion losses</TD><TD vAlign=top noWrap> </TD></TR><TR><TD colSpan=2><HR></TD></TR><TR><TD colSpan=2>When recession so serious, exporting down and temasek and GIC rumoured taking a massive 200 Billion losses. It will be very easily to think that SGD will devalue soon. When nothing good is coming out the nation currenecy will be hit hard. Singapore has no resources and depend on export. So SGD will be in a very unstable condition.</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
<TABLE class=forumline cellSpacing=1 cellPadding=3 width="100%" border=0><TBODY><TR><TH class=thLeft noWrap width=150 height=26>Author</TH><TH class=thRight noWrap>Message</TH></TR><TR><TD class=row1 vAlign=top align=left width=150>Johnlaw2012
Joined: 14 Apr 2008
Posts: 4556
</TD><TD class=row1 vAlign=top width="100%" height=28><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR><TD width="100%"> Posted: Mon Feb 09, 2009 4:01 pm Post subject: Will SGD devalue soon? Due to recession and Billion losses</TD><TD vAlign=top noWrap> </TD></TR><TR><TD colSpan=2><HR></TD></TR><TR><TD colSpan=2>When recession so serious, exporting down and temasek and GIC rumoured taking a massive 200 Billion losses. It will be very easily to think that SGD will devalue soon. When nothing good is coming out the nation currenecy will be hit hard. Singapore has no resources and depend on export. So SGD will be in a very unstable condition.</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>