Singapore Dollar Off 9-month Low Vs U.S. Dollar On Intervention Signal
2016年11月11日 - 5:40PM
RTTF2
The Singapore dollar trimmed its early losses against the U.S.
dollar in the European session on Friday, after the Monetary
Authority of Singapore said that it is ready to prevent excessive
currency volatility if needed.
"The Singapore dollar nominal effective exchange rate (S$NEER)
remains well within its policy band, notwithstanding increased
volatility in international foreign exchange markets over the last
few days," the central bank said in a response to media
queries.
The Singapore dollar that fell to more than a 9-month low of
1.4160 against the U.S. dollar at 9:00 pm ET retreated after the
central bank's statement. The currency was trading at 1.4093,
compared to yesterday's closing value of 1.4116.
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