Singapore Dollar Jumps To 4-day High Against Hong Kong Currency
05 Ottobre 2009 - 2:04AM
RTTF2
Against the Hong Kong currency, the Singapore dollar traded
higher during early deals on Monday. At 12:05 am ET, the pair
reached a 4-day high of 5.4930, compared to 5.4733 hit late New
York Friday. If the Singapore currency gains further, 5.51 is seen
as the next target level.
Singapore will announce its purchasing managers' index data for
September, which is forecast to show a score of 54.5 - up
marginally from 54.4 in August. Minus electronics, the index is
expected to ease to 55 from the current 55.2.
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