UK pound hits 10-month low against SGD

It’s not much, but the British pound has fallen to its lowest against the Singapore dollar today; the lowest since last April. 

In April 10 last year, the pound fell below $2.0041 says Bloomberg, with £1 trading at S$2.0019. This afternoon at 4.05pm, £1 traded at $2.0041, a 10-month low. 

The pound has stayed dominant against the Singapore dollar, refusing to go below the S$2 mark since November 2013. A wage growth report on Wednesday did result in some fears, causing the Sterling to slide against 12 of their 16 major peers. 




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