Elena Karine

Will Interest Rates Go Down In 2024 Singapore. By 2024, all floating interest rates will be based on the sora as sibor and sor will be phased out in singapore. The market is pricing in a lot of rate cuts going forward.

Since most floating rate packages in singapore are pegged to the singapore overnight rate average (sora), any change in the us fed interest rates results in. The market is pricing in a lot of rate cuts going forward.