2023-10-03 05:11:28

Goldman Sachs Sees ‘Historic Value’ in Singapore Rate Premiums

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Bloomberg
By Masaki Kondo

Goldman Sachs Group Inc. said tighter liquidity has created “historic value” in Singapore interest rates.

Interest rates on the Singapore dollar have risen above those on the currency basket that the Monetary Authority of Singapore is estimated to manage its currency against for the first time in decades, Goldman strategists Jonathan Sequeira, Rina Jio and Andrew Tilton, wrote in a research note dated Oct. 1.

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