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CURRENCIES

Can S$ sustain parity exchange rate with the A$?

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The sliding Aussie dollar fell to parity against the Singapore dollar last month, the weakest it has been since 2009 during the depths of the sub-prime financial crisis.

THE sliding Aussie dollar fell to parity against the Singapore dollar last month, the weakest it has been since 2009 during the depths of the sub-prime financial crisis. The currency has been battered by slowing global demand for the country's commodities exports and a string of disappointing