Singapore dollar faces downward pressure from US tariffs, expected policy shift
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The Singapore dollar is under renewed pressure from US tariffs and as speculation of exchange-rate policy easing rises.
PHOTO: BT FILE
SINGAPORE – The Singapore dollar is under renewed pressure as US trade challenges are primed to worsen and as speculation of exchange-rate policy easing rises.
The Singdollar, which is already weakening as the US dollar recovers, faces fresh tariff threats after US President Donald Trump recently warned he
Economists at firms such as Barclays and Asia Decoded expect the Monetary Authority of Singapore (MAS) to move to a more accommodative policy setting in July to support the economy.