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However, the Singapore dollar is expected to stabilize and strengthen by the year-end, with USD/SGD likely returning to around 1.28-1.29, he adds.
The Singapore dollar was steady against its U.S. counterpart in the Asian session, supported by hopes for Fed rate cuts.
Long bets strong on Singapore dollar, Taiwan dollar Investors turn neutral on Indonesian rupiah Bullish view steady on Thai baht, Chinese yuan Bears remain firm on Indian rupee July 24 (Reuters ...
Investors turned bullish on the Singapore dollar for the first time since mid-December as the city-state's growth and inflation dynamics continue to support the local unit, while bearish bets on ...