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SINGAPORE ECONOMY

SGD surges 1% following mild easing by MAS

But with economic conditions still weak, short-lived rally expected

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The Singapore dollar (SGD) jumped one per cent higher on Wednesday following a surprise mild easing move by the Monetary Authority of Singapore (MAS).

Singapore

THE Singapore dollar (SGD) jumped one per cent higher on Wednesday following a surprise mild easing move by the Monetary Authority of Singapore (MAS).

But the rally is expected to be short-lived as economic conditions remain weak, said many analysts.

Within a

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