Singapore’s Temasek warns weak US dollar is hitting returns
Chief executive Dilhan Pillay says weakness a ‘big issue’ for overseas investors

The EUR/USD pair fell towards 1.1577 on Wednesday, as the US Dollar (USD) surged on the back of the Federal Reserve (Fed) monetary policy announcement.
Amid strong selling pressure, the EUR/USD exchange rate has fallen to its lowest levels, near the 1.1630 support. The pair’s losses came as the market’s focus shifted to geopolitical developments and US-led efforts to mediate a deal in Ukraine.