SINGAPORE: As the city-state’s central bank, the Monetary Authority of Singapore, appears to be determined to keep using a firm exchange rate to fight against inflation, the odds are looking good for the Singapore dollar to outperform other Asian currencies for the third consecutive year, Bloomberg reported on Monday (July 22).
The Singapore dollar is one of the most-traded currencies in Asia and around the world, representing around 2 per cent of daily forex trades.
Singapore’s economic strength and stability and its reputation as a financial hub have contributed significantly to having one of the strongest…
