GBPSGD
Great Britain Pound vs Singapore Dollar
Forex spot
0.07%
Low - High
1.8609 - 1.86702
Commission per lot (single side)
Open |
Monday 00:05
|
Close |
Friday 23:59
|
Server Time |
GMT+2
|
Daily Break |
23:59-00:05
|
Great Britain Pound vs Singapore Dollar
Forex spot
0.07%
Low - High
1.8609 - 1.86702
Open |
Monday 00:05
|
Close |
Friday 23:59
|
Server Time |
GMT+2
|
Daily Break |
23:59-00:05
|
In the GBPSGD currency pair, the price of the British pound is quoted against the price of the Singapore Dollar. The highly developed economy of the United Kingdom is considered stable with banking, financial and legal services, trade and industry as its leading sectors. The Singaporean industrial economy is leading in development in South-East Asia and the country has the largest oil wells in the area. So, the exchange rate of the Singapore dollar is majorly dependent on world oil prices. Except for the British and Singaporean economies, the price of this cross-rate pair is also affected by the US dollar. The price of the greenback affects the paired currencies to varying degrees so when trading GBPSGD, you should also take into account major US economic indicators.
MARGIN TRADING INVOLVES SIGNIFICANT RISK TO YOUR INVESTED CAPITAL