Singapore firms both winners and losers in yuan's downtrend
Those with production base in China and selling in USD could reap major forex gains
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Singapore
THE US-Sino trade war and the fallout on the Chinese yuan are both benefiting and hurting Singapore companies - depending on what's their currency of costing and sales vis-a-vis their reporting currency.
Among the beneficiaries are several companies with costs in yuan and sales in US dollars.
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