Singapore Dollar Bounces Back Against British Pound
04 Outubro 2009 - 9:10PM
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The Singapore dollar gained ground after hitting a 4-day low of
2.2608 against the British pound during early Asian deals on
Monday. Currently, the Singapore currency is trading at 2.2562
versus the pound with 2.234 seen as the next target level. The pair
closed Friday's North American session at 2.2583.
Singapore will announce its purchasing managers' index data for
September, which is forecast to show a score of 54.5 - up
marginally from 54.4 in August. Minus electronics, the index is
expected to ease to 55 from the current 55.2.
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