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Singapore Retail Sales Surge, Supports Singapore Dollar

posted by Avatar forexalliancecom 161 days ago in USD, Special, Retail Sales

The Singapore dollar received a boost early in the session following better than anticipated retail sales data for the month of October. According to Statistics Singapore, sales surged by an annualized increase of 8.5% – compared to September’s dreary 0.2% rise. Economists expected a 1.3% increase.
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