Singapore Dollar Climbs To 2-day High Against Hong Kong Currency
July 30 2009 - 6:23PM
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Against the Hong Kong currency, the Singapore dollar traded
higher during Friday's early deals. At 11:50 pm ET, the pair
climbed to a 2-day high of 5.3809, compared to Thursday's closing
value of 5.3667. If the Singapore currency gains further, 5.384 is
seen as the next target level.
Singapore will announce its seasonally adjusted unemployment
report for the second quarter. Analysts are expecting the rate to
climb to 3.7 percent from the current 3.2 percent.
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