It is important to know the negative implications national debt has on the currency exchange rate in order to avoid additional losses during trying times
National debt erodes the value of a country’s currency. Without a systemic crisis plan set in motion, it will negatively impact investment performance, inflation, job markets and so on. It is crucial that we develop a solid understanding of the relationship between national debt and the currency exchange rate to come up with solutions.
The global pandemic has dealt a huge blow to many small businesses. Although SMEs have received government fundings, not every small business could thrive. Small businesses are crucial to a country’s economy and they must find ways to survive not only for their sake but for their country as well.
The trajectory of the pandemic will determine the immediate trajectory of global economic recovery. As a small, open economy, Singapore’s economic recovery is contingent on how the global situation plays out. As such, the implementation of Budget 2021 deploys the nation’s fiscal resources to collectively build a better future. TranSwap will play an active role in aiding the Government’s initiatives.
The US Dollar, also known as the greenback is the world’s most traded currency. Due to its global acceptance, general stability and wide usage, it’s safe to say that the United States has dominated the global market. But how did it happen? How did the US dollar become the global currency and subsequently, the world’s leading superpower?
A global workforce provides many opportunities for an organisation such as reaching new customers and providing resources to interact with the audience in those markets. However, there are significant barriers and challenges companies have to overcome to establish an effective and productive international workforce…
If you are looking forward to transferring money as a Christmas gift to your family who lives overseas during this holiday season, there are some pointers for you to look out for. If you fail to do so, you might risk missing the Christmas deadline or having to pay expensive exchange rates...
There is nothing wrong with spending a little extra during the holiday season. But if there is a way for you to save, then why not? Here are 5 cashback apps that can help you enjoy your Christmas shopping while keeping your bank account healthy...
.jpg){kind=spacer}
