Tag Archives: Australian dollar against Singapore dollar

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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