11-07-2025
Singapore Dollar Has Shot at Climbing to Parity, Jefferies Says
There's a chance the Singapore dollar will strengthen to parity against its US counterpart in the next five years, according to Jefferies Financial Group Inc.
The island's currency has appreciated against virtually all its major peers since the Federal Reserve began raising interest rates in March 2022, confirming its role as the 'Swiss franc of Asia,' strategist Christopher Wood wrote in the firm's Greed & Fear newsletter.
