SGD/INR Price & Performance (SGDINR)

The Swiss National Bank has lowered its policy interest rate by 25 basis points to 0.25%, marking its fifth consecutive rate cut since March 2024. This move, aligned with market expectations, reflects concerns over global economic uncertainties, including U.S. trade policies. Other central banks are also announcing decisions today.12

Investor sentiment around Asian currencies has turned optimistic as the U.S. dollar weakens. Positive shifts in positions for the Chinese yuan and Philippine peso indicate reduced fears of a global economic slowdown. Analysts attribute this trend to concerns over U.S. trade policies and expectations of further Federal Reserve rate cuts.34

Hyundai Motor India has announced the 2025 edition of its 'Hyundai Always Around' campaign. Scheduled for March 23, the initiative aims to enhance customer satisfaction by offering free vehicle check-ups and service discounts. This program reflects Hyundai's dedication to improving the ownership experience and engaging with potential buyers.56