Singapore Dollar Falls To 2-day Low Against U.S. Dollar
05 Juli 2023 - 4:52AM
RTTF2
The Singapore dollar weakened against the U.S. dollar in the
late Asian session on Wednesday.
In economic news, data from the Department of Statistics showed
that Singapore retail sales rose 1.8 percent annually in May,
compared to an increase of 3.7 percent in April.
On a seasonally adjusted basis, retail sales declined to 0.2
percent in May, in contrast to the 0.5 percent gain in the previous
month.
Against the greenback, the Singapore dollar fell to a 2-day low
of 1.3523 from an early high of 1.3489. At yesterday's close, the
Singapore dollar was trading at 1.3495.
If the Singapore dollar extends its downtrend, it is likely to
find support around the 1.36 region.
US Dollar vs SGD (FX:USDSGD)
Forex Chart
Von Mär 2024 bis Apr 2024
US Dollar vs SGD (FX:USDSGD)
Forex Chart
Von Apr 2023 bis Apr 2024