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March 18, 2008
Payment in Singapore dollars, so...
'Petrol prices should not fluctuate much.'

MR KHOO CHEE HWEE, arguing against a petrol price hike in Singapore, despite last Thursday's record jump to US$111 (S$153) per barrel. The jump was attributed, he says, to the weakened greenback. If so, petrol prices should not fluctuate much if local companies pay by the stronger Sing-dollar, he reasons

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