QUOTE(carefree @ Jul 22 2011, 02:02 PM)
Coz I like to drive car

But if the costs of owning one is too high, I will not get one then.
i do enjoy driving car in msia. but u must understand driving car here is not enjoyable at all. u dun have lots os space to speed.
a lot more zebra crossing. a lot more traffic lights and u really gotto be extra careful here as opposed to Msia.
fine or penalty here is expensive, and dun even think about waiting for discount.
Added on July 22, 2011, 9:20 pmQUOTE(tailtwist @ Jul 22 2011, 04:54 PM)
well if its no...then somehow/someone/something is making the exchange rates to go up/down...so that's just my observation for the past few years
Added on July 22, 2011, 4:56 pmWell...it will start dropping way way before......like a few months month CNY....so unless you're saying these mfg sectors/buyers/sellers starts slowing down their order a few months....still isnt the reason....but whatever reason...i know when is the best time to buy/sell SGD....that's just my 2cents
I would say it's due to the strong GDP + low interest rate + inflation = logically central bank will raise interest rate hence currency will up.
but govt is trying to prolong it (not for long tho) to ensure their competitiveness in export market.
if u see the news, the govt is revising (playing down) the high GDP and inflation, to prolong the rate rise.
This post has been edited by Aloong: Jul 22 2011, 09:20 PM