Against the British pound, the Singapore dollar showed weakness during early deals on Friday. At 11:15 pm ET, the Singapore currency declined to a 4-day low of 2.1455 against the pound, compared to Thursday's closing value of 2.1319. The next downside target level for the Singapore dollar is seen around 2.17. The pair is now worth 2.1387.
The Singapore dollar plunged ahead of the retail sales report for January, which is expected to decline 2% on year, following the 1.6 percent annual fall in the previous month. Seasonally adjusted, retail sales are called lower by 1.2 percent on month after the 2.7 percent fall in December.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.