Tag Archives: AUD/SGD

Currency movement towards new normal

In recent months, currencies were adjusting to a new normal. I have interest in three currencies, namely US dollar (USD), Chinese Yuan (CNY) and Australian dollar (AUD). The table shows the currency rates of these currencies vis-à-vis Singapore dollar (SGD) … Continue reading

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Australian Dollar nearing parity with Singapore Dollar

After Reserve Bank of Australia (RBA) announced cut in benchmark interest rate by 25 basis points to 2.25% today, the Australian dollar declined sharply to 1.036 against Singapore dollar. (AUD$1 = S$1.036 at 2.00 pm). See chart below. Australian dollar … Continue reading

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Australian Dollar declines

One Australian dollar was S$1.118 on 26 September 2014. It was S$1.139 on 19 September, a week ago. This was a decline of 1.8% against Singapore dollar. My investment in Australian dollar lost value as a result. Australian dollar was … Continue reading

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Aussie dollar declines – Factors that influence

I started following the Australian dollar (AUD) and tracked its exchange rate to Singapore dollar (SGD) back in March 2008. Back then the AUD/SGD rate was 1.265 (1 A$ gets 1.265 S$). In September 2008 when the global financial crisis … Continue reading

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Aussie dollar weakened again

On 1 May, the Reserve Bank of Australia (RBA) which is the central bank, cut its Cash Rate (discount rate) by an unexpected 50 basis points (or 0.5 percentage point) to 3.75%. The market was only expecting 25 basis points … Continue reading

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Aussie dollar weakened further

The recent blog post on currency fluctuation was written 13 April 2012. Singapore dollar strengthened against most major currencies on that day. Since core inflation remains elevated, the Monetary Authority of Singapore (MAS) decided to tighten its monetary policy to … Continue reading

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