Reported about 5 hours ago
The Singapore dollar is expected to continue its decline as the Monetary Authority of Singapore (MAS) is anticipated to pivot toward easing monetary policy amid global economic pressures and rising U.S. tariffs. With the currency already nearing a two-year low against the U.S. dollar, economists predict that a significant policy adjustment may occur during the upcoming MAS meeting on January 24. The recent drop in core inflation suggests a potential pre-emptive move by the MAS to modify current monetary settings, with expectations of the dollar-Singapore dollar rate reaching around 1.39 in the coming months.
Source: YAHOO