Can the World Survive a US Downturn?
SINGAPORE: Most Asian currencies fell on Tuesday amid worries about a global slowdown, but investors bought the Singapore dollar on expectations it would rebound against the US dollar as the Singapore government fights inflation. The Singapore dollar rose as far as 1.3637 to the US dollar, up about 0.4 per cent from late Asian trade on Monday. Traders said its near-term outlook would hinge on the U.S. dollar, which held steady against the Japanese yen...
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photo: WN / patricia
