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US Fed pivot will lift Singdollar in 2024, but not as much as some of its Asian peers
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The local currency now has the potential to reach $1.30 per US dollar.
PHOTO: BT FILE
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SINGAPORE - The Singapore dollar and most Asian currencies are set to ride into 2024 on an optimistic note, after the United States central bank, in a surprise move, signalled that it is considering lowering the interest rates
The local currency now has the potential to reach $1.30 per US dollar, compared with around $1.34 per US dollar before the Federal Reserve’s meeting on Dec 13.
