Singapore dollar – Small but mighty

In this episode of Beyond Markets by Julius Baer, hosts Yaw Shin Wong and Jen-Ai discuss the potential of the Singapore dollar (SGD) as a safe haven currency in Asia. They explore the historical performance and stability of the SGD, its backing by gold and foreign assets, and Singapore's strong economic fundamentals. While acknowledging the SGD's relatively short trading history and managed nature, they highlight Singapore's position as a major forex center and the currency's consistent positive returns. The hosts also discuss investment opportunities in Singapore dollar-denominated assets, such as bonds and equities, and the potential benefits for investors seeking stability and quality growth. They conclude that the Singapore dollar has the potential to be a safe haven currency within Asia.