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Greenback surge pares most of Sing dollar's 2018 gains
DBS sees S$1.38 to US$1 by year-end; but others expect recovery of up to S$1.27
The surging greenback - bolstered by multi-front improvements in the US economy - is chipping away the Singapore dollar's gains made so far this year.
PHOTO: REUTERS
Singapore
THE surging greenback - bolstered by multi-front improvements in the US economy - is chipping away the Singapore dollar's gains made so far this year.
A stronger-than-expected surge by the US dollar on Tuesday and Wednesday prompted DBS Bank FX strategist Philip Wee to...
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