The Singapore dollar gained ground after hitting a 4-day low of 2.2608 against the British pound during early Asian deals on Monday. Currently, the Singapore currency is trading at 2.2562 versus the pound with 2.234 seen as the next target level. The pair closed Friday's North American session at 2.2583.

Singapore will announce its purchasing managers' index data for September, which is forecast to show a score of 54.5 - up marginally from 54.4 in August. Minus electronics, the index is expected to ease to 55 from the current 55.2.

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