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Singdollar seen sliding after MAS pared its pace of gains

Analysts believe the slope of appreciation has been halved to 0.5%; predict end-December level at S$1.42

The Singdollar will still weaken as the Federal Reserve moves towards raising interest rates, says ANZ senior currency strategist Khoon Goh.


SINGAPORE'S dollar will weaken about 2 per cent against the greenback by year-end after the central bank "slightly" reduced the pace of the currency's gains versus those of its trading partners, analysts predict.

The local dollar will slide to S$1.42 by the end of