Share
Explore BrainMass

Singapore's Dollar Exchange

What has been driving the dollar in Singapore's exchange rate over the past year?

Solution Preview

In a word, it is the strength of their economy as compared to others in the world. Factors contributing to that strength include:

- Higher oil prices
- Contained inflation
- ...

Solution Summary

The solution lists 13 possible reasons why the Singapore economy is so strong.

$2.19