Hi there! Bloomberg published an article on this!
A quick summary is due to the fact that the Singapore dollar is driven more by the global economy and the dollar has the strongest link to the yuan amongst 12 currencies including the Australian dollar, the Korean won and the Taiwan dollar.
Hi there! Bloomberg published an article on this!
A quick summary is due to the fact that the Singapore dollar is driven more by the global economy and the dollar has the strongest link to the yuan amongst 12 currencies including the Australian dollar, the Korean won and the Taiwan dollar.