Singapore Currency Drops From New Multi-Year High Against British Pound Print E-mail

26 August 2008

The Singapore currency that surged to a new multi-year high of 2.6040 against the British pound on Sunday declined thereafter. The Singapore currency fell to 2.6180 at about 1700 Tuesday.

On the downside, the Singapore currency is likely to target the 2.644 level in the near term.

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