Saturday, 13 July 2013

Exchange Rate (S$/US$) (Done by: Jian Qing Group 4)

This graph shows that the exchange rate is decreasing. People tend to trade USD more often nowadays  making the currency dropping in value. There were some exceptions though during the year 2005 and 2010, where the exchange rate increases. People nowadays tend to earn more money, so with the rising economy, the exchange rate goes down.

1 comment:

  1. Good attempt to make the inference.
    It would be interesting to look beyond the Singapore economy; also how the US economy could have affected the exchange rate.

    [2 pts]