|Day's range||1.361 - 1.374|
|52-week range||1.3013 - 1.3744|
Singapore will spend about 20 million dollars to host the historic summit between US President Donald Trump and North Korean leader Kim Jong-un on Tuesday, Prime Minister Lee Hsien Loong revealed today.
It looks like there was no risk-off, and the dollar is also on a softer footing, so I think these two reasons are conspiring to allow Asian currencies to remain buoyant today," said Vishnu Varathan, senior economist at Mizuho Bank. In Asian currencies, the Taiwan dollar was the biggest percentage gainer, rising 0.8 percent against the dollar to a more than four-year high. " The Taiwan dollar last Friday hit a similar level but pared gains to close flat...what we're seeing today is just a rebound, which is not a surprise," said Gao Qi, Asia FX strategist at Scotiabank.