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Pundits retain SGD's end-year forecast of 1.39-1.41 against greenback

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Analysts did not budge from end-year forecasts that the Singapore dollar could weaken to between 1.39 and 1.41 against the greenback and ruled out excessive currency swings after the Monetary Authority of Singapore (MAS) joined the easing party of global central banks on Monday amid an uneven macro-economic backdrop.

Singapore

ANALYSTS did not budge from end-year forecasts that the Singapore dollar could weaken to between 1.39 and 1.41 against the greenback and ruled out excessive currency swings after the Monetary Authority of Singapore (MAS) joined the easing party of global central banks on Monday...

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