Singapore dollar

The Singdollar has appreciated 4.4 per cent against the yen in the year to date.

Fresh high: Singdollar stays above S$1-to-120-yen mark

The exchange rate first crossed the threshold on Nov 19

Behind the Malaysian currency’s outperformance lies a more muted regional showing, with its South-east Asian counterparts breaching record lows and its East Asian peers grasping onto slim year-to-date gains against the US dollar.

Ringgit’s winning streak masks Asia’s currency weakness

Philippine peso and dong breach record lows; rupiah, won and yen continue slide

The ringgit breached the 4.16 level against the greenback on Nov 11, in a continuation of the strong rally it has had since last week.

Ringgit hits year’s high against Singdollar; further gains likely but greenback direction is key

Unit fuelled by strong investment inflows into Malaysia and encouraging follow-through on fiscal policies

MAS is likely to maintain its current settings, which should keep the Singdollar within a narrow and predictable trading band, says BOA’s Claudio Piron.

Singapore not aiming for Singdollar to be reserve currency: MAS’ Chia Der Jiun

It has safe‑haven appeal and other attributes of a reserve currency, but lacks scale, analysts say

A bullish outlook for the Singapore dollar could spur interest from overseas buyers in local real estate.
THE LEVEL GROUND

Stronger Singdollar makes ‘long Singapore property, short overseas property’ strategy compelling

Local currency strength can erode overseas property returns, while foreign purchases of Singapore real estate may gather momentum

Fears that “strong currencies” will hammer corporate profits on exports or cause “deflationary” effects are likely to be unfounded, argues the author.
COMMENTARY

The benign truth hidden behind currency fears

Currencies of developed nations tend to even out in the long term; so their short-term volatility can be overlooked

Growth in the SGX ETF market was driven by strong demand across all four main asset classes.

SGX ETF market hits record S$16.3 billion AUM in Q3 on strong gold, Reit demand

It records net inflows of S$736 million in the quarter, bringing the total to S$1.4 billion in the year to date

CapitaLand Integrated Commercial Trust has ridden a wave of investor interest this year amid expectations that interest rates have peaked.

CICT overtakes Hong Kong’s Link Reit to become Asia’s largest real estate investment trust

A main factor behind this is the strength of the Singapore dollar, which has gained 5.7% against the greenback so far this year