Sibor jumps to 5-month high of 0.996%

The three-month Singapore interbank offered rate (Sibor), which is used to set interest rates on mortgages, spiked up to a five-month high of 0.9960 per cent after the Singapore dollar slumped to a fresh five-year low against the US dollar.

The rate closed at 0.93825 on Friday.

Sourced through Scoop.it from: www.straitstimes.com

See on Scoop.itMortgage Supermart Singapore

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