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davepamn

M¢50 Funded By Mahalo ? | September 02, 2009 02:32 PM

Is the Singapore dollar linked to the US dollar?

How is dollar devaluation impacting the Singapore dollar and Singapore exports?

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teflashfir...

September 04, 2009 11:07 AM

The Singapore dollar is not linked to the US Dollar, though it was for a short time. Therefore, dollar devaluation in the United States does not modify the Singapore dollar significantly (except through normal trade relations). Currently, the Brunei dollar is pegged to the Singapore dollar, the the Singapore dollar itself is allowed to "float", though the value is ultimately decided by a governmental agency within Singapore.

Source(s):
http://en.wikipedia.org/wiki/Singapore_dollar

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