QUOTE AND NEWS
The Economic Times  May 7  Comment 
Sources say the issue may be priced at close to 350-400 bps above LIBOR. The Singapore debt market is one of the most active and liquid in the region.
The Straits Times  Apr 12  Comment 
April 12, 2013 8:41 AM The Monetary Authority of Singapore (MAS) has lowered its inflation forecast for the year on weaker expected growth in car and housing prices.     
Channel News Asia  Apr 12  Comment 
No change to Singapore dollar policy says MAS in view of Core Inflation expected at 1.5-2.5 per cent and ongoing economic restructuring.
Channel News Asia  Apr 2  Comment 
MAS is likely to leave its policy stance unchanged, say economists, resulting in the central bank keeping a slight strengthening bias for the Singapore dollar.
FX Street  Mar 20  Comment 
Two years ago I highlighted the Singaporean Dollar (SGD), Indian Rupee (IDR), and Brazilian Real... For more information, read our latest forex news and reports.
FX Street  Mar 18  Comment 
Two years ago I highlighted the Singaporean Dollar (SGD), Indian Rupee (IDR), and Brazilian Real... For more information, read our latest forex news and reports.
Channel News Asia  Mar 14  Comment 
SINGAPORE: The Singapore dollar is the worst performing Southeast Asian currency so far this year. The Singapore dollar has fallen to US$1.25, the lowest in more than six months.
FX Street  Feb 26  Comment 
Despite the Budget address being 2 hours long, there was very little that was mentioned that could... For more information, read our latest forex news and reports.
Benzinga  Feb 19  Comment 
The brand new CurrencyShares Singapore Dollar Trust (NYSE: FXSG) is trading modestly higher today on heavy volume following news that the Monetary Authority of Singapore and some global banks are mulling a plan to scuttle U.S. dollar Singapore...
The Straits Times  Feb 18  Comment 
February 19, 2013 1:30 AM THE Japanese yen may have plunged and Asian currencies are looking softer, but the Singapore dollar is unlikely to decline significantly and could even strengthen.




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The Singapore Dollar is the currency used in Singapore and replaced the Malaya and British Borneo dollar upon its independence from Malaysia. It is normally abbreviated with the dollar sign $, or alternatively S$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents.

The $10000 note is one of the world's largest single notes in terms of real value.

Initially, the Singapore dollar was pegged to the British pound sterling at a rate of S$60 = £7. This peg lasted until the demise of the Sterling Area in the early 1970s, after which the Singapore dollar was linked to the US dollar for a short period of time. As Singapore's economy grew and its trade links diversified to many other countries and regions, Singapore moved towards pegging its currency against a fixed and undisclosed trade-weighted basket of currencies from 1973 to 1985. From 1985 onwards, Singapore adopted a more market-oriented exchange regime – classified as a Monitoring Band – in which the Singapore dollar is allowed to float (within an undisclosed bandwidth of a central parity) but closely monitored by the Monetary Authority of Singapore (MAS) against a concealed basket of currencies of Singapore's major trading partners and competitors. This in theory allows the Singaporean government to have more control over imported inflation and to ensure that Singapore's exports remain competitive. All issued Singapore dollar currency in circulation is fully backed by international assets to maintain public confidence.[1] The foreign reserves officially stand at over US$230 billion - as of May 2011.

The chart at left shows the USD/SGD currency pair; the number of Singapore Dollars equivalent to 1 U.S. Dollar (USD).

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