Forex Update: Singapore Exchange Rates for Major Currencies on November 8, 2025

As of November 8, 2025, the Singapore Dollar is strong against all major global and regional currencies thanks to solid economic fundamentals and credible financial conditions in the city. Thus, Setup Fees in Singapore Forex will influence the exchange rates. The Singapore dollar is one of Asia’s most stable currencies due to the impact of monetary policy, trade performance, and global market movements. Hence, it continues to serve as a regional benchmark. Although US dollars and euros are still the major currencies of the world, emerging market currencies like the Indian Rupee, Bangladeshi Taka, and the Pakistani Rupee show some slight movements against the Singapore Dollar, especially when considering movements on 6 November 2025 in Singapore.

These rates will be done with a close watch on investors and business circles as they indicate the present status of the global economy.

Exchange Rates of Singapore Dollar on 8th November 2025

The Singapore Dollar traded at the following rates against major currencies as of today:

  • 1 USD = 1.301 SGD
  • 1 EUR = 1.505 SGD
  • 1 INR = 0.01468 SGD
  • 1 PKR = 0.004635 SGD
  • 1 RUB = 0.01608 SGD
  • 1 BDT (Taka) = 0.01066 SGD

These numbers prove that the Singapore Dollar is still strong with slight gains against regional currencies such as the Pakistani Rupee and Bangladeshi Taka while keeping its value unchanged from global currencies like the United States dollar and Euro.

Market Trends and Economic Outlook

MAS’ calibrated policy approach, strong trade surpluses, and inflation control continue to support the resilience of the SGD. Presently, with events unfolding across the globe, Singapore is viewed by international investors as a financial safe haven. During this period, slight movements in the currency due to fluctuations in global interest rates, oil prices, and regional trade flows are expected by analysts.

Disclaimer: Stay updated with the lastest news in Singapore, from politics to business trends, while also catching up on the lastest news in sports covering matches, scores, and tournaments. Explore the latest news in entertainment with celebrity updates, movies, and shows, and don’t miss the latest news in games, featuring trending releases and esports highlights.

Kritika Kritika

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