The Singapore dollar strengthened against the U.S. dollar in the late Asian session on Monday.

Against the U.S. dollar, the Singapore dollar rose to more than a 1-month high of 1.3372 from an early low of 1.3430. At Friday's close, the Singapore dollar was trading at 1.3387 against the greenback.

If the Singapore dollar extends its uptrend, it is likely to find resistance around the 1.32 area.

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