The Singapore dollar was the only Asian currency to appreciate against the US dollar in 2022. Photo: Shutterstock
The Singapore dollar was the only Asian currency to appreciate against the US dollar in 2022. Photo: Shutterstock
Singapore
Asia /  Southeast Asia

Singapore dollar goes toe to toe with Thai baht in tussle to be best regional currency

  • An influx of Chinese tourists is set to power Thailand’s baht, as analysts say the Singapore dollar ‘should remain resilient’ after policy tightening
  • It comes as Indonesia’s rupiah, the Philippines’ peso and Malaysia’s ringgit all look to be beset with negatives in 2023

Bloomberg
Bloomberg

Updated: 10:03am, 3 Jan, 2023

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The Singapore dollar was the only Asian currency to appreciate against the US dollar in 2022. Photo: Shutterstock
The Singapore dollar was the only Asian currency to appreciate against the US dollar in 2022. Photo: Shutterstock
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