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Singapore Dollar Performs Poorly Under Stress Test: BAML

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Mani
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Singapore Dollar (SGD) performs poorly as a safe haven under a stress test. The stress test shows a strong recovery posted by US Dollar against other Asian currencies, according to a latest report published by Bank of America Merrill Lynch.

Singapore Dollar Performs Poorly Under Stress Test: BAML

Singapore Dollar (SGD) Forecasts

According to Global Emerging Markets (GEM) Fixed Income Strategy report on Asia Strategy Watch released recently by Bank of America Merrill Lynch (BofAML), the USD/Singapore Dollar (SGD) forecasts are facing upside risks in light of the headwinds from a strong USD trend.

Christy Tan and team feel the close...

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports