You are here

Weaker US dollar will hurt some companies but may give cheer to market

nz_usd_250624.jpg
The US dollar is expected to weaken moderately as economies exit from lockdowns and more money flows into riskier assets. This will be bad news for Singapore-listed companies with significant exposure to the United States, but should be broadly positive for the local equity market.

Singapore

THE US dollar is expected to weaken moderately as economies exit from lockdowns and more money flows into riskier assets. This will be bad news for Singapore-listed companies with significant exposure to the United States, but should be broadly positive for the local equity...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes