Is it true that the Singapore Dollar will be replaced soon?

netizens singapore dollars headline

We have been alerted to this sponsored post on Facebook posted by a Facebook community called Tea time talks, which headline read: “SGD will be replaced soon says Chinese authorities during press release”.

Singapore Dollar will be replaced soon says Chinese authorities during press release headline

Unsurprisingly, the shocking headline quickly got netizens very triggered, who did not hesitate to leave their two cents worth under the said sponsored post.

What is this garbage? Not even a good alternative for toilet paper!

Mario De Tore 

Hello, Police?

Xavier Ng

David Tan Patrick Wan Soon Leong Tang


Eagle-eyed netizens are quick to point out the ‘legitimacy’ of such news.


Peter Hua



HP Heng

Johnny Ho

Then there are the undiscerning ones who simply accept what is presented as truth, without verifying.

Living an Ah Tiong’s Life

This one gives a dare.

Danny Lee headline

It’s the Government’s fault again?!?!

Josh Carlson headline

PAP somehow gets a mention.

Jimmy Beany headline

None of the commenters seemed to have clicked on the link in the post to read. For if they had bothered to do so, they will realise that it brings them to this website that has absolutely nothing to do with the headline of the post.

in-fortech scam Singapore Dollar headline

Clearly, the claims made in the post which alleged that the Chinese authorities said in a press release that the Singapore Dollar will be replaced soon is FALSE.

It is highly possible that this could be an online scam. Online scams are on the rise.

In 2019 alone, more than S$168 million were unwittingly lost to scammers. That’s S$23 million more than the previous year. Scams are constantly evolving to be more sophisticated.

You may call the anti-scam helpline at 1800-722-6688 or go to for scam-related advice. Join the ‘Let’s fight scams’ campaign at by signing up as an advocate to receive up-to-date messages and share them with your family and friends. Together, we can help stop scams and prevent our loved ones from becoming the next victim of scam.

[irp posts=”3117″ name=”TraceTogether compulsory at public venues by end December. Netizens complain, netizens explain.”]


On Key

Related Posts