DBS Forecast: SGD = USD by 2040! Could SG Become Next “Safe Haven” Hub?
@Tiger_SG:
DBS Group Research just dropped a bold projection — by 2040, Singapore’s GDP could double, $Straits Times Index(STI.SI)$ may hit 10,000, and the Singapore dollar (SGD) could reach parity with the US dollar.According to the report, Singapore’s real GDP is expected to grow at 2.3% annually over the next 15 years — outpacing most developed economies. Strong policy discipline, safe-haven capital inflows, steady productivity gains, and persistent current account surpluses could all drive the SGD’s long-term appreciation.But here’s the catch:If USD continues to weaken, parity with SGD could also mean USD/CNY falls from 7 to 6, potentially pushing gold prices even higher. ✨💭 Discussion:1️⃣ Do you believe SGD can really reach parity with USD by 2040?2️⃣
