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Analysts expect volatility in USD/SGD in the near term
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Published Mon, Mar 30, 2020 · 09:50 PM
Singapore
ANALYSTS are expecting the Singapore dollar to remain weak in the near term before it begins to strengthen towards the end of 2020, hopefully on the back of economic recovery.
On Monday morning, the Singdollar saw a brief spike against the US dollar, shortly after the central bank eased monetary policy in a widely anticipated move due to expectations of a coronavirus-led slowdown.
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