Currency speculation can be stabilising for the economy: Jamus

currency speculation

In Parliament, Workers’ Party Jamus Lim said that currency speculation can be stabilising for the economy. He was disagreeing with PAP MP Saktiandi Supaat (Bishan-Toa Payoh GRC) who said that revealing the size of the Singapore reserves would render the Singapore currency vulnerable to speculative attacks. “If we (the Singapore dollar) were off our fundamentally […]