S$ continues to rise on accelerated US$ profit-taking
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
THE Singapore dollar stayed on the rebound against the US dollar on Thursday in line with other currencies, reaching S$1.43 as dollar profit-taking gathers momentum.
At S$1.43, the Singdollar is up 1.4 per cent from S$1.45 on Tuesday, noted Philip Wee, DBS Bank senior currency strategist.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore