# Singdollar passes RM3.17 mark in another record high

> The Singapore dollar hit a record high of S$1 to RM3.1728 on February 28 according to Bloomberg data, before easing to RM3.1699 by 4pm. Regional Asian currencies were little changed against the dollar as investors awaited Trump's speech to Congress.

- Date: 2017-02-28 · published 2017-02-28T12:00:00.000Z
- Category: macro · region Singapore · magnitude low
- Page: https://feedsoft.ai/events/72760-singdollar-passes-rm3-17-mark-in-another-record-high
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Currency moves among regional Asian currencies have limited direct effect on feed commodity prices, though a firm ringgit against the dollar slightly lowers import costs for Malaysian buyers.

## Read by commodity

- USDMYR: bearish ▼

## Sources

- todayonline.com: https://www.todayonline.com/business/singdollar-passes-rm317-mark-another-record-high

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.