You are here

Greenback surge pares most of Sing dollar's 2018 gains

DBS sees S$1.38 to US$1 by year-end; but others expect recovery of up to S$1.27

2018-04-09T040922Z_1786399673_RC18A5975BA0_RTRMADP_3_SINGAPORE-CENBANK.JPG
The surging greenback - bolstered by multi-front improvements in the US economy - is chipping away the Singapore dollar's gains made so far this year.

Singapore

THE surging greenback - bolstered by multi-front improvements in the US economy - is chipping away the Singapore dollar's gains made so far this year.

A stronger-than-expected surge by the US dollar on Tuesday and Wednesday prompted DBS Bank FX strategist Philip Wee to...

sentifi.com

Market voices on: