Singapore Dollar Reportedly Hits All-Time High vs Malaysian Ringgit

Singapore Dollar and Malaysian Ringgit

“SGDMYR hit a record high of 3.1964, largely due to strength in the Singapore dollar, as preferred by MAS officials,” says Mr. Simon Harvey, head of FX analysis at MonFX. The Singapore dollar (SGD) reportedly continued its rise against the Malaysian currency on May 23, reaching an all-time high against the ringgit (MYR). Mr. Simon … Read more