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[KUALA LUMPUR] The Malaysian ringgit – already one of Asia’s worst-performing currencies in 2023 – sank to a new low of RM3.50 against the Singapore dollar on Tuesday (Oct 24), with economists ...
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XSGD, Singapore’s First Dollar-Backed Stablecoin, Launches on Bitstamp to Power Global Cross-Border Payments - MSNSingapore, Singapore, October 8th, 2024, Chainwire ・Bitstamp has listed a Singapore Dollar-pegged stablecoin, XSGD, for the first time ・The partnership between StraitsX and Bitstamp means ...
The Singapore dollar, along with other Asian currencies, strengthened against the U.S. dollar amid Fed rate-cut prospects.
In the last 20 years, the Malaysian ringgit has depreciated by about 60 per cent against the Singapore dollar from when $1 was equivalent to RM2.24, the New Straits Times reported.
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