interest rates<\/a> a bit to stabilise the ringgit.<\/p>\n\n\n\nHowever, to the suspense of many, they seem reluctant to do so.<\/p>\n\n\n\n
The US is slowly turning the interest knob up, and there are rising winds outside, says Sim Moh Siong, a notable currency strategist from the Bank of Singapore.<\/p>\n\n\n\n
This only means one thing \u2014 the fight’s not over.<\/p>\n\n\n\n
The ringgit could continue to feel the heat.<\/p>\n\n\n\n
The Impact Down the Street<\/h2>\n\n\n\n
Now, here’s a penny for your thoughts.<\/p>\n\n\n\n
All this currency rapport, forex trade – they’re not just for the big guns.<\/p>\n\n\n\n
They echo down our market streets too.<\/p>\n\n\n\n
The street-side shops buying foreign goods; the local exporter selling wares; the excited tourist planning a vacation; the humble remittance receiver who waits for his own share of sunshine \u2014 they’re all silent players in this game.<\/p>\n\n\n\n
Each of their lives is intertwined with our SGD’s charm and the ringgit’s rhythm.<\/p>\n\n\n\n
The amplification of the SGD only means more absoluteness for them.<\/p>\n\n\n\n
So, folks, here we are.<\/p>\n\n\n\n
Clear skies and a robust SGD.<\/p>\n\n\n\n
Yet, the ringgit dances in turbulent winds.<\/p>\n\n\n\n
As our Singapore dollar relishes its new high, do you think it’s going to stay there?<\/p>\n\n\n\n
Or is there a twist in the tale?<\/p>\n\n\n\n
What’s your take?<\/p>\n\n\n\n
Let’s chat!<\/p>\n","protected":false},"excerpt":{"rendered":"
1 SGD to RM3.5, the Singapore Dollar makes a new high! Explore why, understand the impact and predict the future of the Malaysian Ringgit with us. Join now!<\/p>\n","protected":false},"author":8,"featured_media":10504,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[15,437],"tags":[1509,1507,1506,1508,1510],"_links":{"self":[{"href":"https:\/\/daily.sg\/wp-json\/wp\/v2\/posts\/10503"}],"collection":[{"href":"https:\/\/daily.sg\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/daily.sg\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/daily.sg\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/daily.sg\/wp-json\/wp\/v2\/comments?post=10503"}],"version-history":[{"count":3,"href":"https:\/\/daily.sg\/wp-json\/wp\/v2\/posts\/10503\/revisions"}],"predecessor-version":[{"id":10554,"href":"https:\/\/daily.sg\/wp-json\/wp\/v2\/posts\/10503\/revisions\/10554"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/daily.sg\/wp-json\/wp\/v2\/media\/10504"}],"wp:attachment":[{"href":"https:\/\/daily.sg\/wp-json\/wp\/v2\/media?parent=10503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/daily.sg\/wp-json\/wp\/v2\/categories?post=10503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/daily.sg\/wp-json\/wp\/v2\/tags?post=10503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}