You are here

Hard to find silver lining for EM currencies: Bank of Singapore report


LOWER carry cost and the battle against "lowflation" will fuel further weakness in the Singapore dollar (SGD) as well as the Korean won (KRW) and New Taiwan dollar (TWD), said Bank of Singapore in a report on Tuesday.

Given that inflation is well below the central banks'

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom