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Analysts expect volatility in USD/SGD in the near term

Sharon See

Published Mon, Mar 30, 2020 · 09:50 PM

Singapore

ANALYSTS are expecting the Singapore dollar to remain weak in the near term before it begins to strengthen towards the end of 2020, hopefully on the back of economic recovery.

On Monday morning, the Singdollar saw a brief spike against the US dollar, shortly after the central bank eased monetary policy in a widely anticipated move due to expectations of a coronavirus-led slowdown.

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Singapore dollar

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Singapore

Analysts expect volatility in USD/SGD in the near term

Sharon See

KEYWORDS IN THIS ARTICLE

Economy & Policy

NTUC aims to do more to support PMEs, who now account for nearly half its membership

Daily Debrief: What Happened Today (Apr 25)

Singapore’s inflation eases more than expected in March, with headline inflation at 2.5-year low

8 in 10 firms in S-E Asia, Greater China positive about business environment: UOB survey

Flexi-work request guidelines not meant to prescribe blanket outcomes for employers or influence hiring of workforce: SNEF

Daily Debrief: What Happened Today (Apr 23)

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