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.