Singapore’s Interbank Rate Climbs to Highest in More Than a Year
Singapore’s interbank rates climbed to the highest in more than a year, as tighter local liquidity and expectations for further US interest-rate hikes pushed up borrowing costs.
By Marcus Wong · Bloomberg Markets
Singapore’s interbank rates climbed to the highest in more than a year, as tighter local liquidity and expectations for further US interest-rate hikes pushed up borrowing costs.