SINGAPORE: An unexpectedly dovish stance by Federal Reserve Chairman Janet Yellen sent the Singapore dollar jumping on Thursday morning as it reversed course against the US dollar, while stocks also tracked Asian markets higher.
The Sing dollar was trading at $1.3768 against the US dollar at 9.21 a.m this morning. Last night it traded at 1.3929 – its weakest since May 25, 2010, when it hit $1.4185.
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