Why a strong Singdollar is both good and bad news

Anna Maria Romero
Thu, 05 Sep 2024 10:10:51 +0000
Business, Singdollar, us dollar

SINGAPORE: The Singapore dollar recently has not only reached a decade-long high against the US dollar, but is also observing highs against the Indonesian rupiah and the Japanese yen. On Aug 23, the currency traded around 1.30 against the US dollar. In comparison, it was at 1.337 at the beginning of the month and had …