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Jonathan Chia Guangrong
27 May 2019
SOC at Local FI
Are you able to use the USD to generate better returns elsewhere like in the US market? If so, better to keep it in this currency. The reverse is true as well. If you can generate better returns in SGD terms, convert and do so.
Like what Clarence has mentioned, there's fluctuations in currencies so the exchange rate will differ on a day to day basis.
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Clarence Chua
27 May 2019
Financial Planning Specialist at Prudential Assurance Singapore
Coversion rates between currencies will fluctuate.
If your risk profile is not comfortable with it, ...
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