Sunday, December 4, 2011
I have USD savings in Philippines, Should I bring the money here in Singapore to exchange?
Now that USD and SGD rates are very close, is advisable that I bring my USD saving here in Singapore to take advantage of the exchange rate? Or is it the other way around?|||It is an option, but it is much smarter to wait a little longer, just remember and do not make the mistake of comparing the economic situation in USA, with some European countries, whose economies are in a delicate situation, or have gone bankrupt as Greece among other examples.|||You may lose it during transportation. It is good for your country's reserve if you exchange there. The Pesos can also get along with all ASEAN so far.
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