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Bank of Singapore: SGD resilient now but weaker later

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Bank of Singapore: SGD resilient now but weaker later SGD is no exception to the broader appreciation of Asia FX against USD since the start of 2017 but Bank of Singapore believes that this resilience is only temporary and retains its USD recovery outlook for the next 6-12 months. “We have gotten USD/Asia [FX] directionality […]

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