The Singapore dollar weakened against the U.S. dollar in the Asian session on Monday.
Against the greenback, the Singapore dollar fell to nearly a 2-week low of 1.3188. At last week's close, the Singapore dollar was trading at 1.3149 against the greenback.
If the Singapore dollar extends its downtrend, it is likely to find support around the 1.32 area.
The material has been provided by InstaForex Company – www.instaforex.com