During Asian trading on Tuesday, the Singapore dollar climbed to 2.0634 against the euro. This may be compared to Monday's closing value of 2.0690. On the upside, 2.058 is seen as the next target level for the Singapore currency.

Today, Singapore is scheduled to release October index data for its purchasing managers' index and its PMI for electronics. The overall PMI is forecast to show a score of 51.8, up from 50.6 in September. The electronics PMI is called at 52.8, up slightly from 52.5 in the previous month.

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