Print Page - If you invested sgd into India 10 years ago, -30% just from currency devaluation

Title: If you invested sgd into India 10 years ago, -30% just from currency devaluation
Post by: tokiya on Jan 25, 2025, 09:03 AM

https://www.xe.com/currencycharts/?from=INR&to=SGD&view=10Y

So who are the Singaporeans investing and working there?

Need to be fair right?

They come into here in large numbers, we must also benefit from investing in there?

How are we benefited?

Title: Re: If you invested sgd into India 10 years ago, -30% just from currency devaluation
Post by: Risa on Jan 25, 2025, 09:22 AM

fyi
india has restrictions on capital outflow but not capital inflow
they are even more stricter than china

a lot of coys go inside india do biz
the money hard to transfer out to overseas
all stuck inside india

Title: Re: If you invested sgd into India 10 years ago, -30% just from currency devaluation
Post by: BuiBuiForeverAlone on Jan 25, 2025, 11:02 AM

Throwing money into a blackhole :frown:

Title: Re: If you invested sgd into India 10 years ago, -30% just from currency devaluation
Post by: default on Jan 25, 2025, 11:55 AM

Quote from: Shiori on Jan 25, 2025, 09:22 AMfyi
india has restrictions on capital outflow but not capital inflow
they are even more stricter than china

a lot of coys go inside india do biz
the money hard to transfer out to overseas
all stuck inside india

Its ok we got cpf

Money Mind

General Category => The Common Lounge => Topic started by: tokiya on Jan 25, 2025, 09:03 AM