USD-SGD exchange rate soared to five-year high last week
The SGD has lost 4.13% against the greenback.
The Singapore dollar's fight versus the greenback reached its weakest point last week, with the USD-SGD exchange rate jumping to its highest level since July 12 2010.
Data rleased today by the SGX showed that the SGD depreciated 1.45% against the US Dollar last week.
On a year-to-date basis, the SGD has depreciated 4.13% against the USD.