Singapore's Canary Wharf-topping condos damp dollar

Singapore’s Canary Wharf-Topping Condos Damp Dollar -

bloomberg.com 28 Feb '13, 3am

Singapore's Canary Wharf-topping condos damp dollar

Currency strategists are abandoning their forecasts for a record-setting rally in the Singapore dollar as government measures to rein in property prices reduce pressure on the central bank to cool inflation. The local dollar will likely rise 2.2 percent to S$1.21 versus its U.S. counterpart by Dec. 31, based on the median estimate of 26 analysts surveyed by Bloomberg. The forecast eased from an all-time high of S$1.19 at the end of last year, in the biggest outlook downgrade among Southeast Asian currencies. Singapore’s dollar won’t strengthen beyond the record of S$1.1992 until 2014, based on the polls. Prime Minister Lee Hsien Loong is trying to curb property- market speculation with inflation almost double the 20-year average. A 1,636-square-foot (152-square-meter) condominium in the Marina Bay financial district sold for S$4.4 million ($3.6 million) in November, govern...

Full article: http://www.bloomberg.com/news/2013-02-27/singapore-s-cana...

Tweets

@Plaid_LeeHsien » 28 Feb '13, 9pm
Our dollar is losing its value..im doing everythign I can to reverse this downfall. [link]
@RichardGEarl » 28 Feb '13, 10am
Singapore’s Canary Wharf-Topping Condos Damp Dollar: Currencies - Bloomberg [link] @RichardGEarl
@PeterHMoore » 28 Feb '13, 7am
Singapore’s Canary Wharf-Topping Condos Damp Dollar [link] #RealEstate #Property
@ccm168 » 28 Feb '13, 6am
Singapore’s Canary Wharf-Topping Condos Damp Dollar: Currencies @weirenz [link]
@SGExpatAdviser » 28 Feb '13, 6am
Good article here about the strength of the SGD: [link]
@TomPorterSG » 28 Feb '13, 6am
Long way to go to deflate this bubble RT @BloombergNews: Singapore's Canary Wharf-topping condos damp dollar | [link]
@Edlynsays » 28 Feb '13, 6am
Singapore’s Canary Wharf-Topping Condos Damp Dollar: Currencies #Singapore #SgProperty [link]
@rtulshyan » 28 Feb '13, 5am
Singapore's inflation dilemma @BloombergNews: Singapore's Canary Wharf-topping condos damp dollar | [link]
@sginfomap » 28 Feb '13, 5am
[News] Singapore's Canary Wharf-Topping Condos Damp Dollar: Currencies: Currency strategists are abandoning th... [link]
@BreakingNewsG » 28 Feb '13, 4am
Singapore's Canary Wharf-topping condos damp dollar | [link] Via @BloombergNews
@TrueMarketAI » 28 Feb '13, 4am
Singapore's Canary Wharf-topping condos damp dollar | [link] #Stocks
@bloggerasia » 28 Feb '13, 4am
#OpenFollow Singapore's Canary Wharf-Topping Condos Damp Dollar: Currencies - Bloomberg [link] #Singapore
@SingaporeToBali » 28 Feb '13, 3am
Singapore's Canary Wharf-Topping Condos Damp Dollar: Currencies - Bloomberg [link]
@SingaporeVIP » 28 Feb '13, 3am
News: Singapore’s Canary Wharf-Topping Condos Damp Dollar: Currencies: Currency strateg... [link] [link]
@Market_Tweet » 28 Feb '13, 4am
Singapore's Canary Wharf-Topping Condos Damp Dollar: [link]
@BloombergNews » 28 Feb '13, 4am
Singapore's Canary Wharf-topping condos damp dollar | [link]
@BontangKuring » 28 Feb '13, 4am
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Singapore’s Canary Wharf-Topping Condos Damp Dollar -

Singapore's Canary Wharf-topping condos damp dollar

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