Singapore Dollar to Drop 2% as Traders Reassess After MAS

Updated on
  • Currency seen weakening to S$1.42 per U.S. dollar by year-end
  • Greenback probably accounts for 22% of MAS basket: survey

Singapore’s dollar will weaken about 2 percent against the greenback by year-end after the central bank “slightly” reduced the pace of the currency’s gains versus those of its trading partners, analysts predict. 

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