Singdollar trades at a fresh 10-year high of S$1.28 against the greenback 

Singdollar trades at a fresh 10-year high of S.28 against the greenback 


The currency has been gaining strength in recent months, but especially so after Fed rate cut

THE recent weakness in the US dollar has spurred strength in the Singdollar, a development that spells good news for both Singaporeans going on holiday and for importers.

At around S$1.28 to the greenback, these levels have not been seen since October 2014.

As at 8.45 pm on Wednesday (Sep 25), the Singapore dollar was trading at 1.2847 per US dollar, according to data from Yahoo Finance.



Source link

Posted in

Brand Post

I am an editor for IBW, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

Leave a Comment