Singapore Dollar Falls Amid Rising Middle East Tensions and Oil Prices
ByAinvest
Monday, Mar 9, 2026 12:05 am ET1min read
The Singapore dollar weakens against the US dollar amid risk-off sentiment driven by the growing Middle East conflict and surging oil prices. Analysts at Maybank note that tensions have worsened, with oil prices exceeding $100 per barrel. The greenback's net oil exporting countries are also benefiting from the price surge.
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