Singapore dollar strengthened against its U.S. counterpart amid falling Treasury yields that may diminish the allure of U.S. fixed-income assets and demand for the greenback.
The Singapore dollar was steady against its U.S. counterpart ahead of the Monetary Authority of Singapore’s quarterly monetary-policy statement release due Friday.
Singapore’s central bank eased its monetary policy for the first time in nearly five years, saying economic growth is likely to slow this year and inflation will stay contained.
SINGAPORE: Singapore’s central bank tweaked its monetary policy stance to favour a more gradual appreciation of the Singapore dollar, saying it now expects core inflation in 2025 to be lower than ...