Outlook-in-Five podcast

Ten reasons to always hold Singapore Dollars

19 May 2025 • 4 mins listen

The decline of US exceptionalism underscores the need for diversified investment portfolios across various asset classes and currencies. While the EUR, GBP, and JPY are notable alternatives to the USD, the Singapore Dollar (SGD) emerges as a compelling option.

The SGD has demonstrated long-term strength, appreciating against the USD since its independence in 1965. Managed by the Monetary Authority of Singapore (MAS), the SGD is targeted for stability and gradual appreciation, backed by substantial foreign reserves and a robust economy. Despite potential risks like trade wars, the SGD's fundamentals suggest it could reach parity with the USD, similar to the Swiss Franc post-2008 financial crisis.

For more market insights, go to ⁠⁠⁠⁠Bank of Singapore Insights⁠⁠⁠⁠ to check out our Chief Investment Office's research publications.

Presenter:
Mansoor Mohi-uddin
Chief Macro Strategist
Was this page useful?