SUBSCRIBERS
Australian dollar closes in on parity to Sing dollar
At close of Asian trade, it was A$1=S$1.0049; further weakening expected in the near term
Published Wed, Jul 8, 2015 · 09:50 PM
Singapore
THE Australian dollar fell to its lowest since 2009, trading at near parity against the Singapore dollar amid expectations that it could weaken further in the near term.
At the close of Asian trading on Wednesday, one Australian dollar was worth S$1.0049 after hitting a low of S$1.0011 just after 4.30 pm.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Putin plans to meet Xi in China days after his new term starts
Biden vetoes bid to repeal US labour board rule on contract, franchise workers
Economic leaders of South Korea, Japan, China say FX volatility is a risk
US automakers win extension on use of Chinese graphite in EV tax credits
US service sector contracts in April; price pressures up
Thaksin’s daughter calls central bank independence an ‘obstacle’