Singapore Dollar ETF Rises on Sibor Proposal
February 19, 2013 at 15:23 PM EST
The brand new CurrencyShares Singapore Dollar Trust (NYSE: FXSG ) is trading modestly higher today on heavy volume following news that the Monetary Authority of Singapore and some global banks are mulling a plan to scuttle U.S. dollar Singapore interbank offered rate, or Sibor. The news was originally reported