In the quest for higher “risk-free returns”,  many Singapore-based investors are increasingly turning towards the alluring prospect of USD fixed deposits and money market funds due to the higher USD interest rates.  Banks and investment platforms have also marketed the attractive 5+% yields of USD deposits.  In this article, we will look at the fundamentals […]

source: https://thefinance.sg/2024/01/17/hidden-risks-of-usd-fixed-deposits-for-singapore-investors/