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Singdollar could weaken to per USD this year on coronavirus risks: Fitch Solutions

Singdollar could weaken to 1.425 per USD this year on coronavirus risks: Fitch Solutions.

FITCH Solutions has lowered its forecast for the Singapore dollar’s (SGD) 2020 average exchange rate to S$1.425 per US dollar (USD), from its previous average forecast of S$1.385, in light of the Covid-19 crisis.

The market insights firm on Monday said the currency has “clear prospects of.

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