Delink Singapore, Brunei currencies

In view of plunging oil prices, we should delink the on-par exchange rate of the Bruneiand Singapore currencies.

I do not know the background to this pegging, but it is not compatible, as each country has its own reserves, debts and economy, besides sovereignty. It is time to sort this out once and for all.

Ng Hock Chai

A version of this article appeared in the print edition of The Straits Times on January 27, 2016, with the headline 'Delink Singapore, Brunei currencies'. Print Edition | Subscribe