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SGDARS

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    1012.3674$
  • Previous Close
    1026.7551$
  • 52 Week Change
    --
  • Day Range
    -14.39$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

The financial product symbol SGDARS.FOREX likely refers to the exchange rate between the Singapore Dollar (SGD) and the Argentine Peso (ARS) in the foreign exchange market. This symbol indicates the price of one currency (SGD) expressed in terms of another currency (ARS). Forex, short for foreign exchange, signifies that this is a currency trading pair traded on the global decentralized market where currencies are bought and sold.
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Factors

Interest Rate Differentials: Differences in interest rates between Singapore and Argentina can significantly impact the SGDARS exchange rate.

Argentine Economic Performance: Argentina's economic growth, inflation, and employment figures affect the peso's value.

Singaporean Economic Performance: Similarly, Singapore's economic health influences the Singapore dollar's strength.

Global Risk Sentiment: Increased risk aversion often weakens emerging market currencies like the ARS against safe-haven currencies like the SGD.

Argentine Government Policies: Fiscal and monetary policies implemented by the Argentine government can dramatically affect the peso.

Trade Balance: The trade balance between Singapore and Argentina, though potentially small, can influence currency demand and supply.

Capital Flows: Investment flows into or out of Argentina can put pressure on the Argentine peso.

Inflation Rates: Higher inflation in Argentina compared to Singapore can devalue the ARS against the SGD.

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