The median forecast is at the upper end of the government's growth forecast range of 1-3 per cent for 2012. The survey also expects the Singapore dollar to strengthen to $1.23 against the US dollar by the end of 2012 from an estimate of S$1.28 by the end of the year. It traded around $1.31 at 0300 GMT.
Sunday, 1 January 2012
singapore dollar vs US dollar prediction 2012
forex trading outlook today - singapore dollar vs US dollar prediction 2012 ; Singapore's economy will grow by 3.0 per cent in 2012, slowing from an expected 5.2 per cent in 2011 as the global economy and financial services sector cool, according to central bank's survey of private economists released on Wednesday.
The median forecast is at the upper end of the government's growth forecast range of 1-3 per cent for 2012. The survey also expects the Singapore dollar to strengthen to $1.23 against the US dollar by the end of 2012 from an estimate of S$1.28 by the end of the year. It traded around $1.31 at 0300 GMT.
The median forecast is at the upper end of the government's growth forecast range of 1-3 per cent for 2012. The survey also expects the Singapore dollar to strengthen to $1.23 against the US dollar by the end of 2012 from an estimate of S$1.28 by the end of the year. It traded around $1.31 at 0300 GMT.
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