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Singdollar set for gains after MAS move but outlook uncertain
Continuing inflationary pressures may lead to further tightening in October: Analysts
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The Singapore dollar may continue to drift upwards in the coming weeks, aided by Thursday's monetary policy tightening that sent the currency to its highest level in nearly two weeks.
But the outlook for more gains beyond the first half of the year is clouded by uncertainty over a host of issues, including the trajectory of inflation and possible weakness in the renminbi - the currency of Singapore's top trading partner China, analysts said.
