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SGD surges 1% following mild easing by MAS

But with economic conditions still weak, short-lived rally expected

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Published Wed, Oct 14, 2015 · 09:50 PM

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    Shortlived?

    Singapore

    THE Singapore dollar (SGD) jumped one per cent higher on Wednesday following a surprise mild easing move by the Monetary Authority of Singapore (MAS).

    But the rally is expected to be short-lived as economic conditions remain weak, said many analysts.

    Monetary Authority of SingaporeUOBNomura

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