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Fitch Solutions sees Singapore dollar rising to S$1.38 to greenback next year

Fiona Lam
Published Fri, Jul 31, 2020 · 09:50 PM

Singapore

FITCH Solutions has revised its forecast for the Singapore dollar's (SGD) average exchange rate this year to a stronger S$1.3950 per US dollar (USD), from its previous forecast of S$1.4250.

The market insights firm also revised its average forecast for next year to S$1.3800 per USD, from S$1.4100 earlier.

"Over the short term, we expect some stability in th…

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