Singapore announced a further loosening of containment measures this week but given that social distancing is no longer a major drag on the economy, they are unlikely to provide much of a boost to the economy.
Meanwhile, we have adjusted some of our Asian currency forecasts. We now expect most currencies to depreciate against the US dollar this year.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.