Here at BER we are dedicated to helping you find the best possible currency exchange rates for Singapore Dollar Wire Transfers plus market research and information on both banks and non-bank currency providers. Select SGD Mid-Rates & Charts (30 days & 3 years) :
Greenback strength continued yesterday as the world’s base currency touched eight month highs against its European counterpart while advancing for an eighth consecutive day against the Yen and Swiss Franc. Improvements in Consumer Confidence helped bolster expectations for positive growth and labour market data and paved the way for an upbeat and hawkish Federal reserve. Analysts expect the Fed to reduce is current bond buying program by a further $10billion when meetings conclude in the US today thus market focus will be keenly driven toward interest rate guidance while second quarter GDP numbers are key in determining the strength of the overall US recovery. Strong data readings and an upbeat Fed should reinforce recent gains ahead of non-farm payroll numbers Friday. The Euro slid to a session and eight month low of 1.3402 yesterday as fresh US and EU sanctions were levelled against Russia. The EU is much reliant on Russian oil and trade ties sparking concerns the sanctions will lead to flatter Eurozone growth. Data releases No Data NZD: Building Consents m/m Prelim Industrial Production m/m View more currency reports
You may well think that you are being ripped off, but it is not always the case. In simple terms what you see on the news or in the paper or on yahoo finance
is the Middle Rate or mid-rate. Some people want to buy a currency and some people want to sell a currency and there is a gap (or margin) between the price at which you buy and
the price at which you sell. ⇒ read article
There are a number of cost components to making and receiving international payments, most of which are far from transparent to customers: Currency fees, Transit fees, Correspondent bank fees etc ⇒ read article
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