Singapore Dollar: Firm NEER with mild upside against US Dollar – OCBC
OCBC’s FX Strategist Sim Moh Siong expects the Singapore Dollar (SGD) Nominal Effective Exchange Rate (NEER) to trade 1.5–2% above midpoint, supported by de-dollarisation and safe-haven flows, even as reduced carry tempers its appeal.
OCBC’s FX Strategist Sim Moh Siong expects the Singapore Dollar (SGD) Nominal Effective Exchange Rate (NEER) to trade 1.5–2% above midpoint, supported by de-dollarisation and safe-haven flows, even as reduced carry tempers its appeal.
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