Search Results for 'Singapore'

Singapore GDP Rebounding Prompts Faster Currency Gains

Singapore’s economy rebounded last quarter, prompting the central bank to unexpectedly tighten monetary policy by allowing faster currency gains to contain inflation. The local dollar rose. Gross domestic product rose an annualized [...]

Posted On : Apr, 13 2012 | Comments : 0

Won, Singapore dollar break resistance; EU progress lifts As...

SINGAPORE: Most emerging Asian currencies rose on Thursday as Europe's plan to ease its debt crisis boosted riskier assets, while the South Korean won and Singapore dollar breached resistance lines, indicating possible further gains i [...]

Posted On : Oct, 29 2011 | Comments : 0

Singapore Reduces Currency Band’s Slope on Slowing Inflation

Singapore will slow gains in the local currency because the deteriorating global economic outlook is expected to lead to a moderation in inflation, the central bank said today in its semi-annual exchange-rate review. “Given the s [...]

Posted On : Oct, 14 2011 | Comments : 0

Funds keep slashing bets on Korean won, Singapore dollar

The South Korean won on Monday fell to its lowest against the yen since March 2009 and the Singapore dollar saw the biggest single-day loss since early August, with a broad range of funds pulling money out of emerging Asia on fears of a G [...]

Posted On : Sep, 20 2011 | Comments : 0

Strong currency puts Singapore central bank in red?

Singapore's central bank Thursday announced an annual net loss of Sg$10.9 billion ($8.9 billion) as the strong local dollar sent it into the red for just the second time in its 40-year history. The net loss for the year to March came [...]

Posted On : Jul, 21 2011 | Comments : 0

Singapore currency climbs to 2-day highs against US and Hong...

During early deals on Wednesday, the Singapore dollar showed strength against its major counterparts. The Singapore currency reached 2-day highs against the currencies of US and Hong Kong. In economic news, the Department of Statistics sa [...]

Posted On : Aug, 27 2008 | Comments : 0

Singapore Currency Range-Bound Near 17-Day High Against Ster...

Singapore's currency saw little direction against the sterling on Friday in New York. The currencies traded between 3.0613 and 3.0517 through the day. The range has lasted since Thursday morning. In general, the Singapore dollar is near a 2 [...]