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#1
11-12-2015, 09:30 PM
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Brunei dollar through the peg (with SGD) is overvalued by at least 25%
An honorable member of the Coffee Shop Has Just Posted the Following:
Calculations show that if the Brunei dollar, which is pegged to the Singapore dollar, would be de-pegged, inflation in Brunei would skyrocket and the international purchasing power of the Brunei dollar would drop significantly as the country needs to import 60% of its food and almost everything else. In terms of Real Effective Exchange Rates, a measure by the World Bank to determine the real value of a country’s currency against the basket of its trading partners, the Brunei dollar through the peg is overvalued by at least 25%. http://www.gulf-times.com/eco.-bus.%...low-oil-prices Click here to view the whole thread at www.sammyboy.com. 
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