Singdollar to hit 1.40 to USD later this year as trade tensions worsen: analysts
Singapore
THE Singapore dollar is poised to fall further to 1.40 per US dollar in the next few months as rising US-China tensions cloud growth prospects, analysts said.
The SGD was quoted at 1.3772 against the USD at 2.27pm but drifted lower to 1.3787 later in the day, according to Bloomberg.
TRENDING NOW
8 public officers referred to police over property buys near unannounced MRT stations: Chan Chun Sing
DBS tops trades in smaller board lots on debut of revised SGX framework
Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose
Retrenched PMETs who return on lower pay see median 25% wage cut