15-02-2011, 12:01 PM
Not sure where to put this, but thought it might be interesting for everyone. Data is pulled from MAS database at https://secure.mas.gov.sg/msb/ExchangeRates.aspx
[Image: eegi9.jpg]
My view is that exchange rates of the SGD against other currencies may not be mean-reverting per se. The SGD may in fact appreciate in the long-term with out-performance of the SG economy relative to other economies.
What do you guys think?
[Image: eegi9.jpg]
My view is that exchange rates of the SGD against other currencies may not be mean-reverting per se. The SGD may in fact appreciate in the long-term with out-performance of the SG economy relative to other economies.
What do you guys think?