facebookNoticed recently USD is strong vs SGD. Anyone knows if it will remain strong in new few months? I have some USD in FD. Not sure to wait till maturity or convert first. Thanks - Seedly

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Anonymous

28 Feb 2020

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General Investing

Noticed recently USD is strong vs SGD. Anyone knows if it will remain strong in new few months? I have some USD in FD. Not sure to wait till maturity or convert first. Thanks

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Alex Chua

28 Feb 2020

Seedly student Ambassador 2020/21 at Seedly

Sgd depreciates against usd because of covid 19. This is to be expected. Whether sgd remains strong, maybe u can tell us?

Whether u want to convert is up to you. The most important thing is what u want to do with sgd or usd.
If u want to invest in sg stocks, go ahead and convert
If u want to invest in us stocks, why convert?

Indeed strong right now. But you considered using your USD to buy US stocks?

And also, any plans f...

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