SGD/JPY

About SGD/JPY

SGD (Singapore dollar)
Currency unit of Singapore.
Issued by: Monetary Authority of Singapore
Price dynamics depends on the interest rates of the Monetary Authorities of Singapore, inflation and growth rates of the country.

JPY (Japanese yen)
Currency unit of Japan. It is one of the main currencies of Asian-Pacific Region with a floating rate.
Issued by: Bank of Japan
Price dynamics depends on the interest rates of Bank of Japan, inflation and growth rates of the region’s economy. For many years the main priority for the country has been a stimulation of the growth and a fight with deflation by means of capping the national currency appreciation.