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Singdollar recovers from recent dip, but outlook still weak
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Even as the Singapore dollar stabilised it is still way off this year's peak of 1.3176 reached on Jan 5, 2021.
PHOTO: STEPHANIE YEOW
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SINGAPORE - The Singapore dollar has bounced back to the level it held about two weeks ago after recovering from a slew of negative factors that emerged in the past month.
Analysts believe the currency will stay around this point relative to its peers, although it may slip a little through the year in the light of uncertainty over the pandemic.
