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Singapore Dollar Weakens on Fading Risk Appetite

Wall Street Journal Markets •
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The Singapore dollar weakened against its U.S. counterpart as investor appetite for risky assets faded.

Market participants shifted toward safer holdings, putting pressure on emerging-market currencies including the SGD.

Analysts note that global risk sentiment remains fragile amid mixed economic data and central bank policy uncertainty.

The currency's decline reflects broader regional weakness as investors await further directional cues from upcoming monetary policy meetings.