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Three-month swap offer rate continues to tumble

At 0.737 per cent, three-month SOR has fallen 30 points from one-month high of 1.04 per cent

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The three-month swap offer rate (SOR) has fallen to the lowest point this year, dragged down by the weakening US dollar, bringing some cheer to borrowers with loans pegged to it.

Singapore

THE three-month swap offer rate (SOR) has fallen to the lowest point this year, dragged down by the weakening US dollar, bringing some cheer to borrowers with loans pegged to it.

On Monday, the three-month SOR, which is used to price commercial loans fell to 0.737 per

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