The USD/SGD dropped to the lowest level since January as investors remained bullish about Singapore. It is trading at 1.3565, which is the lowest it has been since January 30. It has also dropped by more than 7% from March, making the Singapore dollar one of the best-performing emerging market currencies. Singapore rising again The Singapore dollar has been on a strong upward trend as traders reflect on the role of Singapore in Asia. That is because many companies have moved or announced their plans to move their operations in the South-East Asian country. This week, Bytendance, the owner ofFull Article
USD/SGD: Here’s why Singapore dolla
Related news coverage
BRICS Summit In Russia To Strengthen Countries’ Cooperation Aimed At Solving Global Problems – Analysis
The BRICS summit, which was to be held in St. Petersburg in July, is scheduled to take place in Russia in the autumn. This was..
The 11th BRICS Summit attended by the heads of state and heads of government of the five member states was held in the capital of..