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11-12-2015, 09:30 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
Calculations show that if the Brunei dollar, which is pegged to the Singapore dollar, would be de-pegged, inflation in Brunei would skyrocket and the international purchasing power of the Brunei dollar would drop significantly as the country needs to import 60% of its food and almost everything else.
In terms of Real Effective Exchange Rates, a measure by the World Bank to determine the real value of a country’s currency against the basket of its trading partners, the Brunei dollar through the peg is overvalued by at least 25%.
http://www.gulf-times.com/eco.-bus.%...low-oil-prices (http://www.gulf-times.com/eco.-bus.%20news/256/details/465541/brunei-feels-the-heat-of-prolonged-low-oil-prices)
Click here to view the whole thread at www.sammyboy.com (http://www.singsupplies.com/showthread.php?221533-Brunei-dollar-through-the-peg-(with-SGD)-is-overvalued-by-at-least-25&goto=newpost).
Calculations show that if the Brunei dollar, which is pegged to the Singapore dollar, would be de-pegged, inflation in Brunei would skyrocket and the international purchasing power of the Brunei dollar would drop significantly as the country needs to import 60% of its food and almost everything else.
In terms of Real Effective Exchange Rates, a measure by the World Bank to determine the real value of a country’s currency against the basket of its trading partners, the Brunei dollar through the peg is overvalued by at least 25%.
http://www.gulf-times.com/eco.-bus.%...low-oil-prices (http://www.gulf-times.com/eco.-bus.%20news/256/details/465541/brunei-feels-the-heat-of-prolonged-low-oil-prices)
Click here to view the whole thread at www.sammyboy.com (http://www.singsupplies.com/showthread.php?221533-Brunei-dollar-through-the-peg-(with-SGD)-is-overvalued-by-at-least-25&goto=newpost).