Is USD FD rate in US high? it is ... maybe can put there...
i do not think USD will drop more than 1.44.
Historical low was ard 1.45 or so bah... then economic crisis it went up.
Suggest you wait for global downturn and see how.
OR...
go into import export business lor... help pple get things in US... sell them here in SGD... conversion rate put 1.65 and add in your service charge hee hee
No. Historical low is about 1.39. USD FD rate will fall shortly since they are tied to the bond rates.
Edit: According to this on 17 Nov 1996, 1.39930
Edit2: Searching a little farther back, 03 May 1995, 1.39030