22 May 2012

From Singapore's Non Oil Imports Increase


Development of non-oil imports from the country of origin Singapore by the Central Statistics Bureau (BPS) to date show an increase despite the appreciation of the Singapore dollar.


This is indicated by an increase in the value of non-oil imports from the country where the values ​​reported in March, reaching a value of 882.1 million U.S. Dollar (CIF). Meanwhile, in February non-oil imports from the country reached a value of 810.9 million U.S. Dollar which means that the performance of non-oil imports during this period increased by + 71.2 million U.S. Dollars, an increase of + 8.78%.




Analyst Research Vibiz of Vibiz Consulting suggests that the Singapore dollar has appreciated carrying around + 1:32% against the rupiah currency trading period from February to March.

 Meanwhile, since the beginning of the year until now, Singapore dollar has appreciated about + 3.63%. As for trading on Singapore stock index of leading stocks today FTSE Straits Times Index was observed on this day risen about + 1:03% at 2818.76, and so does the FTSE ST All-Share Index was up about + 1.04% at 680.64. (http://www.vibiznews.com/ARI)

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