SGD
Singapore Dollar News, Guides, Forecasts & Provider Reviews. Stay on top of Singapore Dollar exchange rates, charts and rate changes in the major SGD cross currency pairs. This allows you to take advantage of any market moves plus the low margins from our online currency and foreign payment partners to ensure you get the best possible exchange rates deals.
The Singapore dollar has reached its highest level in over a decade, boosting outbound travel and curbing inflation, but also putting pressure on exporters and local businesses. While sectors like logistics and finance benefit, retail, hospitality, and exports face challenges from the strong currency.
Revolut, a digital bank that allows users to receive, send and spend money at the interbank exchange rate, should be ready for its Singapore beta launch in March 2019, the company has said.
TransferWise is now officially offering PayNow as a funding option for users in Singapore, the company has announced.
What is arguably Southeast Asia’s most important exchange rate, Singapore dollar-Malaysian ringgit, leapt on Thursday to its highest level since November 2017, driven by FTSE Russell’s decision to reconsider Malaysia’s inclusion in an important bond index.
As in the rest of the world, consumers in Singapore are being fleeced when it comes to foreign exchange costs, a study by TransferWise has revealed. Individuals in Singapore are being charged 15 times more on international payments than companies are, with S$2 billion lost in hidden FX fees annually.
Fears Chinese mega developer Evergrande’s collapse will spark a contagion event and the ongoing European gas crisis has hit confidence.
Property debt crisis in China, central bank bond policy and the energy crisis are combining for a volatile October - it is ever thus!
Singapore is chasing tourists again relaxing some of their covid rules
The strength of the US dollar and interest rate movements by the Federal Reserve are behind the weakness of Asian currencies.
Markets have shifted focus to the interest rate policies of other major central banks rather than the Federal Reserve.
April Forex Outlook: Banking Crises Cast Shadow Over Global Currency Markets
