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Expectations of Fed lift-off delay behind Sing dollar's rise: analysts

But they believe appreciation unlikely to last; focus will soon shift to MAS Oct policy meeting

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The Sing dollar has strengthened from around 1.43 to the US dollar last Wednesday to 1.40 on Tuesday, its strongest since Aug 27.

Singapore

MARKET expectations that the US Federal Reserve will delay its first interest-rate hike in nine years until after September are likely behind the Singapore dollar's recent strengthening against the US dollar and several other currencies as traders unwind positions, analysts said