Singapore Dollar Gains Ground as US Dollar Debasement Trade Accelerates

Analysts note that the Singapore dollar is moving inversely to the US currency more closely than any other Asian peer, positioning it for potential regional outperformance if the dollar debasement trend intensifies.

3 Sept, 00:00 — 3 Sept, 00:00

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bloombergHigh2d ago

Dollar Debasement Is Favoring Singapore’s Currency, Analysts Say

The Singapore dollar is tracking the US currency in an inverse direction more closely than any other in Asia, which analysts say positions it for stronger gains in the region if the “dollar debasement trade” gathers pace.

By Marcus Wong

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Singapore Dollar Gains Ground as US Dollar Debasement Trade Accelerates

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Dollar Debasement Is Favoring Singapore’s Currency, Analysts Say

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