Talk:Ngiam Tong Dow

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• ... that Singapore's first and largest purchase of gold from South Africa was completed in 1968 by comparing two halves of a United States one-dollar bill?

• Source: "In 1968, we went to the World Bank meeting. The South Africans were there and we invited the South African Finance Minister to our hotel room."

"Dr Goh wanted to buy gold at a fixed price, rather than a floating market price. So we agreed to buy 100 tons, a substantial amount, at $40 US dollars." "Then he took out his US one dollar note. And sliced it into halves! Just like that. He gave half to me and said, "You keep this. I will keep the other half and my man will meet you in Switzerland."" "I handed the sliced US dollar note over. He took out the other half. It matched! The serial numbers were the same."

Ngiam, Tong Dow. A Mandarin and the Making of Public Policy: Reflections by Ngiam Tong Dow. ISBN: 978-9971-69-350-3

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Created by BenTanXiaoMing (talk). Number of QPQs required: 0. Nominator has fewer than 5 past nominations.

BenTanXiaoMing (talk) 09:47, 25 September 2024 (UTC).