Connect with us

Hi, what are you looking for?

Business

US dollar strength against Singdollar to continue into 2022, analysts say, Economy News & Top Stories

US dollar strength against Singdollar to continue into 2022, analysts say, Economy News & Top Stories

SINGAPORE – The US dollar strengthened to its highest level against the Singapore dollar this year on Tuesday (Nov 23) after Mr Jerome Powell was nominated to serve a second term as chairman of the US Federal Reserve the day before.

The Singdollar/US dollar exchange rate hit a high of 1.3654 on Tuesday. In January, the exchange rate was 1.3175. Analysts here expect the exchange rate volatility to continue for the rest of the year and into next year, with the exchange rate fluctuating between 1.34 and 1.39.

Please subscribe or log in to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.

You May Also Like

News

A member of Pakistan’s parliament, Sania Ashiq Jabeen was born in Lahore and raised there. She studied at the National College for Drug Administration...

Lifestyle

SINGAPORE – For four decades, Japanese singer and actress Seiko Matsuda has built a following across Asia through a non-stop output of albums, television...

Politics

Almost every April since 1972, the Hash Bash has been held on the Diag of the University of Michigan campus, a free speech event...

News

Grief and joy coexist during Dia de Los Muertos, but Flo Hernandez-Ramos chooses to focus on the celebration every Nov. 2. DENVER — The...