Singapore Dollar Could Maintain Resilience

Dow Jones
09/25

0710 GMT - The Singapore dollar is likely to maintain its resiliency despite the Federal Reserve moving into a tightening phase, UOB strategists say in a report. The Monetary Authority of Singapore tightened policy twice this year, raising the rate of appreciation of the Singapore dollar nominal effective exchange rate band to about 1.25% per annum. "This appreciation bias functions as an automatic stabilizer for the [Singapore dollar]," UOB says. Singapore's exchange rate-based monetary policy also provides a structural buffer against headwinds of renewed U.S. dollar strength, it adds. The U.S. dollar is 0.1% lower at 1.2781 Singapore dollars, LSEG data show.

 

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10