Singapore dollar

The risk for Singapore dollar bulls is that the MAS decides to keep its policy unchanged next month

The Singapore dollar is vulnerable to retesting a four-month low.

The currency dropped to a four-month low earlier this month after the MAS said there was room within its exchange-rate band to accommodate currency weakness to counter the economic fallout of the disease.

SINGAPORE (Feb 7): The Singapore dollar yesterday fell below the RM3 mark for the first time in about a year after the republic’s central bank said there was sufficient room for the Singapore currency to ease as the Wuhan virus hits the economy.

SINGAPORE (Sept 17): The Monetary Authority of Singapore (MAS) announced that Singapore’s average daily foreign exchange (FX) trading volume has increased by 22% to reach an all-time high of US$633 billion ($871 billion) from US$517 billion in April 201

SINGAPORE (May 29): The Monetary Authority of Singapore (MAS) has said it does not manipulate its currency for export advantage, in response to media queries on the US Treasury Report on Macroeconomic and Foreign Exchange Policies released today.

(May 21): The Singapore dollar is poised to weaken further as the escalating trade war between the world’s two largest economies weighs down growth in the export-dependent city-state.

(Jan 2): Asian currencies firmed on Tuesday, marking a strong start for the new year as sentiment was boosted by gains in the euro, while a weaker US dollar prompted further interest in Asia.

SINGAPORE (March 27): Singapore’s interest-rate markets are signaling gains for the local dollar as bets grow the nation’s central bank will avoid easing policy next month and some economists are starting to forecast tightening in October.

SINGAPORE (March 24): The US Dollar is expected to see a steep spike against the Singapore Dollar within the next three months but end the year on weaker ground, says Tan Teck Leng, chief investment officer at UBS Wealth Management.