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Singapore Dollar Recovers From 2-week Low Against US Dollar

4/9/2012 12:52 AM ET

After hitting a 2-week low of 1.2634 against the US dollar in early Asian deals on Monday at 8:25 pm ET, the Singapore dollar rebounded. As of now, the pair is worth 1.2601, compared to last week's close of 1.2594. If the Singapore dollar extends recovery, it may likely test resistance around the 1.258 level.

by RTT Staff Writer

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