How To Use Singapore dollar In A Sentence
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SINGAPORE—Singapore's gambling watchdog has fined the city-state's two licensed casino operators a total 385,000 Singapore dollars US$308,000 for breaches relating to the admission of unauthorized locals and minors into the two gambling facilities in 2010 and 2011.
Singapore Fines Casinos for Admission Breaches
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To tighten policy, the Monetary Authority of Singapore said it will steer its tightly managed currency -- the Singapore dollar -- to a stronger level by resetting an important currency trading band.
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Another factor is speculation the Malaysian ringgit might be devalued and this put pressure on the Singapore dollar as well.
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Flows into the Korean won, Thai baht and Singapore dollar became a proxy for China.
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Last week, several local banks were given the right to trade Myanmar's kyat for dollars, euros and Singapore dollars and a new automatic teller machine appeared in Yangon for the first time in several years.
Firms See Myanmar as Next Frontier
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Telkomsel's contribution to pretax profit fell 23% in Singapore dollars, compared with 11% in Indonesian rupiah, to S$221 million.
Singapore Telecom Net Falls 5.3%
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Tiger garoupa, also known as grouper, is popular among ethnic Chinese diners and can easily cost 60-70 Singapore dollars a piece at restaurants, he said.
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Other currencies that got a mention as alternative safe-havens include some emerging-market currencies such as the Singapore dollar, the Korean won, the Malaysian ringgit and the Czech koruna.
Yen, Franc to Keep Haven Appeal
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With rates in America at rock bottom, and the Singapore dollar set to strengthen against its American counterpart, interest rates in Singapore are extraordinarily low.
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Our first approach is to seek to moderate medium-term inflationary pressures through the Singapore dollar exchange rate policy" of the central bank, Mr. Tharman said.
Singapore Plans $5.2 Billion Benefits Package for Citizens
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Like Hong Kong, Singapore foregoes most "discretionary" monetary policy, pegging the Singapore dollar to a currency basket.
Moving Toward 21st Century Capitalism
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Based on the calculation of exchange rate volatility by GARCH model, this paper compared RMB with US dollar, Japanese Yen, HK dollar, Philippine peso, Malaysia Ringgit and Singapore dollar.
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The dollar has risen 7% against the Singapore dollar in the past month and 10% against the Korean won.
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In Hong Kong, Li & Fung shed 3.7% after Singapore state investment firm Temasek Holdings said it plans to raise up to 600 million Singapore dollars US$467 million from the sale of zero coupon bonds exchangeable into the company's shares.
Asian Shares Drop
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The decision, which caused the Singapore dollar to rise to a record high against the U.S. currency, followed a "double-barrelled" tightening in April and signals the central bank is stepping up efforts to curb inflation, which it warned will rise to around 4% by the end of the year.
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