The Singapore dollar showed weakness against its US counterpart on Monday morning in Asia. The domestic currency that closed last week's deals at 1.3908 against the greenback reached a 5-day low of 1.3925 around 8:55 pm ET. Currently, the pair is trading at 1.3919 with 1.395 seen as the next target level.
Singapore will provide December figures for non-oil domestic exports, which analysts predict to have risen 22 percent on year following the 8.7 percent annual expansion in November. The electronics non-oil domestic exports number is forecast to ease 0.2 percent on year after surging an annual 19.8 percent in the previous month.
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