‘Singapore Dollar’ News Archive

Singapore Dollar Was Revaluated

Wednesday, April 14th, 2010

Singapore dollarThe Singapore dollar experienced the unexpected surge as the government revaluated the currency after the forecast about the widening economy and the increasing inflation.

Singapore’s Dollar Gains on Asian and Domestic Economic Data

Saturday, February 27th, 2010

Singapore dollarThe Singapore dollar had one of the best weekly performances since the beginning of the year as optimism towards the domestic and regional economies improved, allowing the Singaporean currency to gain towards the weekend.

SGD Up as Traders not Sure in Policy Change

Thursday, January 22nd, 2009

Singapore dollarThe Singapore dollar gained against the U.S. dollar for the second day today as the traders reduced their bets that the monetary authorities are going to use the currency depreciation to stimulate the economy.

Singapore Choose to Depreciate Its Currency

Tuesday, November 18th, 2008

Singapore dollarSingapore dollar declined for the sixth day against they U.S. dollar today as the country’s monetary authorities will probably use the weak national currency as a stimulus for the export-producing economy.

Asian Currencies Fell on High Oil Costs

Saturday, May 17th, 2008

Asian currenciesThe Asian currencies fell this week as the oil prices surged and the rising inflation concerns forced foreign investors to cut the inflow of liquidity into this region.

Singapore Dollar Drops Large This Week

Saturday, April 26th, 2008

Singapore dollarThe Singapore currency had its worst week in a year on the Forex market, as it lost along with the other Asian currencies to the U.S. dollar, because the investors began to expect that the U.S. interest rate will unchanged rather than lowered next time.

Singapore Dollar Rises Before Fed Cut

Tuesday, January 29th, 2008

Singapore dollarThe Singapore dollar rose today during the Asian Forex trading session as the market analysts expected the Federal Reserve of U.S. to lower the interest rate at the next meeting, widening the rates difference for these two currencies.


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