The Malaysian ringgit and the
Singaporean dollar seem to have followed along the same path as the kip and renminbi until May of 2008, when the ringgit and the
Singaporean dollar began a period of depreciation against the U.S.
The
Singaporean dollar is traded within an undisclosed band.
The yen depreciation put pressure on other regional currencies such as
Singaporean dollar, Taiwan dollar fell from 33.90 to 33.92, South Korean won from 1145.10 to 1146.10, and Philippine peso from 56.08 to 56.09.
Retailers throughout Johor and not just its state capital Johor Baru also enjoyed higher numbers of Singapore tourists, who were drawn in by a stronger
Singaporean dollar and the cheaper goods and services in Malaysia, he said.
RCBC's online foreign exchange product allows the buying and selling of all major currencies such as dollar, euros, UK pound, Japanese yen,
Singaporean dollar, among others, at very competitive rates
RCBC's Online Foreign Exchange product can easily allow the buying and selling of all major currencies such as US Dollar, Euros, Great Britain Pound, Japanese Yen,
Singaporean Dollar, among others, at verycompetitive rates.
Called 'Project Ubin,' the project saw the central bank develop and issue digital tokens of the
Singaporean dollar on a private Ethereum blockchain.
The
Singaporean dollar also rose significantly against the UK currency, eroding the value of assets held by Singaporeans in Britain.
Singapore outstripped Tokyo as the world's most expensive city for expatriates, with the EIU citing a strong
Singaporean dollar, high price of utilities and cost of car ownership as among the factors contributing to Singapore taking the top spot.
dollar yesterday, the deepest scale of depreciation among Asian currencies, followed by the Korean won with 2.53% of devaluation, the
Singaporean dollar with 1.85%, and the NT dollar with 1.39%.
In the past years, the rupiah has been relatively stable against the
Singaporean dollar, Malaysian ringgit and Hong Kong dollar.
The
Singaporean dollar advanced to the strongest level in almost a month.
A banking managed reported that there still exists heavy pressure for the appreciation of the local currency, which is still lower in scale than the appreciation of renminbi and
Singaporean dollar against the U.S.
While the
Singaporean dollar, Canadian dollar and Norwegian remain attractive, Canada and Norway will act to prevent excessive strengthening, he said.
dollar so far this year, lagging behind the scale of appreciation of many other Asian currencies, including Japanese yen, Thai baht, Malaysian dollar, and
Singaporean dollar.
