EURSGD
Euro / Singapore dollar

The market is closed (05 dec 00:24 UTC +2)
Current price
1.4225
-0.0015
-0.11
Opening
1.4240
Daily range 0.00
1.4213 — 1.4248

News EURSGD

Monetary policy of Singapore is getting tighter

The midpoint of Singapore’s currency’s policy band has been adjusted to the prevailing level. The Monetary Authority of Singapore (MAS), whose main regulatory tool is the exchange rate, has performed this action as a result of the previous quarter’s report on the economic growth, which turned out to be better than it was initially suggested. The report also signaled that demand might be damped by raised prices and tightening of the financial environment.

14 October
Singapore sticks to plan for tightening of monetary policy

The Monetary Authority of Singapore (MAS) plans to further tighten monetary policy through the fifth exchange rate adjustment since October 2021. MAS’ policy is aimed at curbing inflation, even though their actions could threaten sustainable economic growth.

11 October
Singapore tightens the monetary policy

This month the financial authorities of Singapore will probably tighten the monetary policy for the fifth time straight.

6 October
Eurozone's inflation has reached double digits

The economic crisis in the eurozone has intensified for the first time with double-digit inflation in history, which will force the European Central Bank to continue aggressively raising interest rates.

3 October
Singapore tightens measures of suppressing demand in property market

A series of measures for the property market has recently been announced by the Government of Singapore. New measures were partially taken to respond to an increase of interest rates. In particular, tightening lending limits for housing loans is part of the response. There are also further steps of suppressing demand among the new measures adopted for the property market.

30 September
Forecasts EURSGD
EURSGD neutral
EURSGD trend is still stable
15 June 2022 144
Harami for EURSGD
31 January 2022 215
EURSGD neutral
Downtrend of EURSGD
22 December 2021 269

Event announcement EURSGD

Current time:
Eniwetok, Kwajalein
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00
00

GMT -12

Midway Island, Samoa
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00

GMT -11

Hawaii, Tahiti
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GMT -10

Alaska, Adak
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GMT -09

Anchorage
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GMT -08

Los Angeles, Vancouver
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00
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GMT -07

Denver
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00

GMT -06

Mexico City, Bogotá, Lima
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00

GMT -05

New York, Puerto Rico
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GMT -04

Buenos Aires, Montevideo
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GMT -03

São Paulo
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GMT -02

Azores
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GMT -01

Reykjavik
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GMT +00

London
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GMT +01

Kaliningrad, Paris
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GMT +02

Moscow, St. Petersburg
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GMT +03

Abu Dhabi, Tbilisi
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GMT +04

Yekaterinburg, Tashkent
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GMT +05

Almaty, Dhaka, Omsk
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GMT +06

Bangkok, Jakarta
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GMT +07

Beijing, Hong Kong
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00
00

GMT +08

Tokyo, Seoul
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GMT +09

Vladivostok, Brisbane
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GMT +10

Magadan
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GMT +11

Auckland, Wellington
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GMT +12

EURSGD economy

European Monetary Union

Central Bank interest rate
2%
Change: +0.75%
Gross domestic product
0.2%
Without changes
Unemployment rate
6.5%
Change: -0.1%
Retail sales
0.4%
Change: +0.4%
Trade balance
£-34.4B
Change: £+18B
Inflation
10%
Change: -0.6%
Business confidence
0.54
Change: -0.2

Currency rate effect

Positive, leads to growth
Negative, leads to decrease
Neutral, no effect

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