S’pore dollar to weaken, MAS pivot comes into focus


A customer withdraws Singapore dollar notes. - Photo: AFP

ZURICH: Singapore’s currency weakness against the US dollar is likely to endure amid expectations that its central bank pivots to easing and US tariffs ripple through the global economy.

The Singapore dollar is already near a two-year low against the US dollar and options data show trading of bearish wagers is dominating the market in anticipation of the Monetary Authority of Singapore (MAS) adjusting its stance.

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Singapore , dollar , currency , easing , policy

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