The Singapore dollar, along with other Asian currencies, strengthened against the U.S. dollar amid Fed rate-cut prospects.

Singapore’s dollar surged to an all-time high against the Malaysian ringgit as the latter was weighed down by weaker exports and its widening rate differential with the US.

The Singapore dollar SGD= appreciated 0.2% after data showed core inflation, which excludes private road transport and accommodation costs, rose 5% year-on-year in April, while a Reuters poll of ...