SINGAPORE – The Singapore dollar may retain its crown of Asia’s best-performing currency for now, but cracks have started to appear in its armour as it retreats against some of its peers.
The pack of contenders for the crown is led by the Malaysian ringgit, which has strengthened by a whopping 4.5 per cent from its lowest point against the local dollar hit on Feb 21, 2024.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you
