A stronger SGD means overseas assets, especially US Dollar denominated ones become cheaper over time.
Singapore Listed Companies like DBS, OCBC and UOB may see valuation uplift, not just from earnings but from currency rerating.
However even with a strong SGD, global inflation and geopolitical risk still persist. So investing in Gold ETFs such as $SPDR Gold Shares(GLD)$ would protect my purchasing power and serve as a hedge against inflation.
So if SGD truly reaches parity with USD by 2040, it isn't just a currency milestone, it is truly a celebration of how far Singapore has risen.
Majullah Singapura🇸🇬🇸🇬🇸🇬🥰🥰🥰
@Tiger_SG @TigerStars @Tiger_comments @CaptainTiger @TigerClub
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