SGD

Singapore Dollar from Singapore. The Singapore dollar, divided into 100 cents, is normally abbreviated with the dollar sign $, or alternatively S$ to distinguish it from other dollar-denominated currencies.

For most of its history Singapore used the same currencies as the Straits Settlements and later British Malaya, as regulated by the Board of Commissioners of currency.

Singapore continued to use a common currency upon joining Malaysia in 1963. But one year after its expulsion and independence in 1965, the monetary union with Malaysia broke down. Singapore established the Board of Commissioners of currency, Singapore on 7 April 1967 and released its first series of notes, the "Orchid" notes, on 12 June 1967.

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American Depositary Receipts (ADRs)

Certificates issued by a U.S. depositary bank, representing foreign shares held by the bank, usually by a branch or correspondent in the country of issue. One ADR may represent a portion of a foreign share, one share or a bundle of shares of a foreign corporation. If the ADR's are "sponsored," the corporation provides financial information and other assistance to the bank and may subsidize the ...


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