Singapore dollar nominal effective exchange rate (S$NEER)

Currencies

Singapore dollar seen sliding as central bank fights downturn

(Oct 3): Singapore’s dollar is set to weaken because the central bank is likely to scrap its appreciation bias at a policy meeting next week, according to a growing group of forecasters.

Global Markets

Briefs

Singapore (Oct 7): “Officially Tuas is designed to handle 65 million TEUs (20-foot equivalent units), but I am sure PSA can squeeze a little more out of it if we work hard.” – Prime Minister Lee Hsien Loong, at the groundbreaking of the Tuas Megapor

Singapore economy

Singapore expected to dodge technical recession in 3Q even as economy stalls

SINGAPORE (Oct 3): Amid a stagnating economy and low core inflation, the Monetary Authority of Singapore (MAS) is widely expected later this month to ease its monetary policy stance for the first time since April 2016.

Singapore economy

Singapore GDP growth expected to moderate further amid deteriorating external conditions: RHB

SINGAPORE (Oct 1): Amid global trade slowdown and continuing trade tensions, Singapore can expect slow and sluggish growth in the last quarter of 2019 and well into 2020, according to RHB Group Research.

Singapore economy

Economists expect easing of exchange rates as Singapore fights off technical recession

SINGAPORE (Sept 23): Singapore is seen to dip into a technical recession in the current quarter ending Sept 30, say economists at Oxford Economics. The export-oriented city state is bracing for its economy to be hit the hardest across the region amid spil

Singapore economy

Economists expect easing of exchange rates as Singapore fights off technical recession

SINGAPORE (Sept 19): Singapore is forecast to dip into a technical recession in the current quarter ending Sept 30, say economists at Oxford Economics.

Singapore economy

Singapore slashes GDP, trade forecasts as economy stalls

SINGAPORE (Aug 13): Singapore has further cut its GDP growth forecasts and trade growth projections for 2019, amid continued global economic uncertainty over escalating US-China trade tensions.

Singapore economy

Weaker Singdollar to drive Singapore's economic growth

(Aug 5): Singapore has turned out to be the canary in a coal mine and an unwitting casualty of the simmering trade tensions between the US and China. The city state is experiencing a slowing economy, with GDP growth declining from 1.1% in 1Q2019 to an adv

Highlight

MAS says 'does not engage in currency manipulation'

SINGAPORE (May 29): The Monetary Authority of Singapore (MAS) has said it does not manipulate its currency for export advantage, in response to media queries on the US Treasury Report on Macroeconomic and Foreign Exchange Policies released today.

Currencies

Singapore dollar is slipping as trade war chips at monetary band

(May 21): The Singapore dollar is poised to weaken further as the escalating trade war between the world’s two largest economies weighs down growth in the export-dependent city-state.
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