Singdollar up on Fed decision but rally tempered ahead of MAS meeting
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Singapore
THE Singapore dollar (SGD) rose on Thursday in line with other currencies after the US Federal Reserve kept interest rates unchanged but the local unit's rally was weighed down as the market wondered what the Monetary Authority of Singapore might do next month.
The SGD rose to S$1.3528 at 3.36 pm from S$1.36 on Wednesday, returning to levels seen two weeks ago.
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