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ExpatSingapore Message Board 27 May 2012, 23:40:46 pm *
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Author Topic: SGD to AUD  (Read 639 times)
advice please
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« on: 19 April 2010, 7:08:46 am »
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Not knowing a great deal about FX, any experts out there with any ideas on when the SGD might improve to the AUD.  I have some money sitting in my Singapore Bank Account that I want wanting to transfer back to Australia, the current exchange rate is approx 0.78 but am hoping that may improve.
Any advice greatly appreciated.
Thanks.
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ExpatSingapore Message Board
« on: 19 April 2010, 7:08:46 am »
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crystal ball
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« Reply #1 on: 19 April 2010, 9:04:54 am »
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Don't you think that if people were able to predict where currencies would improve, then they'd possibly not share it on this forum? They'd probably be lording it up in their yacht in the Bahamas...  Roll Eyes
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OP
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« Reply #2 on: 19 April 2010, 9:12:47 am »
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i realise no one has a crystal ball, but i was just looking for some suggestions / thoughts......
thanks for your not helpful response.
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Both
Guest
« Reply #3 on: 19 April 2010, 9:36:14 am »
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S$ did strengthen last week, when the MAS recentred the trading band. The policy is now for gradual appreciation. I guess we can expect further S$ strengthening as and when China finally lets the Yuan strengthen> On the other habd, A$ rates are high and while global/Chinese demand for Aussie commodities still exists, the A$ should remain strong.
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to Both
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« Reply #4 on: 19 April 2010, 10:52:52 am »
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thank you so much for taking the time to reply.  your response was great.  thank you
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