Singapore Dollar Slips To More Than 4-year Low Against U.S. Dollar
January 02 2015 - 12:59AM
RTTF2
The Singapore dollar weakened against the U.S. dollar in the
Asian session on Friday.
In the economic news, data from the Ministry of Trade and
Industry showed that Singapore's gross domestic product expanded
just 1.5 percent on year in the fourth quarter of 2014. That was
down from the 2.8 percent growth in the third quarter.
Against the greenback, the Singapore dollar fell to 1.3280 for
the first time since September 2010 from an early high of 1.3221.
At yesterday's close, the Singapore dollar was trading at 1.3236
against the greenback.
If the Singapore dollar continues slide, it may find support
near the 1.36 region.
US Dollar vs SGD (FX:USDSGD)
Forex Chart
From Mar 2024 to Apr 2024
US Dollar vs SGD (FX:USDSGD)
Forex Chart
From Apr 2023 to Apr 2024
