USD/SGD: Here’s why Singapore dolla

The USD/SGD dropped to the lowest level since January as investors remained bullish about Singapore. It is trading at 1.3565, which is the lowest it has been since January 30. It has also dropped by more than 7% from March, making the Singapore dollar one of the best-performing emerging market currencies. Singapore rising again The Singapore dollar has been on a strong upward trend as traders reflect on the role of Singapore in Asia. That is because many companies have moved or announced their plans to move their operations in the South-East Asian country. This week, Bytendance, the owner of