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Sibor, SOR rise sharply amid tighter funding conditions

Three-month Sibor rises to 0.91% and SOR is up at 0.89% as domestic funding tightens amid a weak Singdollar

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Domestic interest rates have shot up finally and are back to July levels as domestic funding tightens amid a weak Singapore dollar.

Singapore

DOMESTIC interest rates have shot up finally and are back to July levels as domestic funding tightens amid a weak Singapore dollar.

The key three-month Sibor (Singapore Interbank Offered Rate), used to price mortgages, rose to 0.91 per cent on Tuesday from 0.88 per cent

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