Singapore Exporters: SGD Strength vs. Competitors (Currency Risk Management)
Singapore exporter sells to Malaysia. SGD strengthens from 3.0 MYR to 3.2 MYR. Your SGD 100 product now costs MYR 320 (was MYR 300). Malaysian competitor (using RM pricing) still at MYR 300. You lose margin or sales. AskBiz alerts when SGD strength threatens competitiveness.
6 min read