Singapore Dollar Weekly Overview
Updated 14 Jul 2026 • 23:48 GMT
The Singapore Dollar (SGD) is facing mixed pressures in a dynamic foreign exchange environment. The expectation of a potential Monetary Authority of Singapore (MAS) policy decision later this year is influencing market sentiment. While the SGD shows resilience against a strong US Dollar backdrop, external factors such as US CPI and upcoming testimony from the US Federal Reserve's Chair are likely to impact USD/SGD movements. The pair is currently observed to be range-bound with mild upside room, depending on external economic cues and Singapore's domestic economic performance.
- Key watchpoints:
- Monitor potential MAS tightening decisions post-July meetings that could affect SGD support.
- US inflation data and Federal Reserve actions are crucial for understanding USD/SGD dynamics.
- Watch for volatility around USD/SGD resistance at 1.2980 and support levels between 1.29 and 1.2840.
Recent developments in the AMD (Armenian Dram) currency:
- Central Bank Policy Change: The Central Bank of Armenia has increased its benchmark interest rate by 0.5% to 7.5% to combat rising inflation.
- Economic Growth Forecast: The Armenian government projects a 5% GDP growth for 2025, indicating a stable economic outlook.
- Tourism Boost: Armenia reports a 15% increase in tourist arrivals in the first quarter of 2025, potentially strengthening the AMD.
These factors may influence the AMD's value, affecting travelers, expats, and business owners.