From yen rushes to tariff tantrums: How geopolitical drama drove Singapore’s 2025 FX frenzy
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In 2025, Singaporeans actively engaged in foreign exchange conversions due to geopolitical volatility and trade policy shifts. Multi-currency wallets like YouTrip, Revolut, and Wise reported significant increases in conversion volumes. The Japanese yen, US dollar, and Australian dollar were key targets, influenced by political events and trade tensions. Singaporeans are increasingly strategic in currency conversions, responding quickly to favorable rates. This trend is expected to continue into 2026, driven by inflation and global political cycles, with USD and JPY remaining closely watched currencies.
Source: Businesstimes The copyright of this article belongs to the original author/organization.
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