The Singapore dollar has weakened 0.5 per cent against the US dollar this year. - LIANHE ZAOBAO
SINGAPORE (Bloomberg): The Singapore dollar looks set to move up the regional currency rankings in the next quarter, with rising core inflation expected to spur further policy tightening from the Republic's central bank in April.
The currency should be better positioned to weather higher US yields than most Asian peers. While other regional central banks remain content with accommodative policy, the Monetary Authority of Singapore (MAS) appears set to change its exchange-rate band next month to allow for further local dollar appreciation.
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