You are here

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

Singapore

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'

sentifi.com

Market voices on:

grab

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 btsub.sg/promo

Powered by GET.comGetCom