The Singapore currency rose sharply against the U.S. dollar in Asian deals on Tuesday as the latter declined across the board ahead of Federal Open Market Committee meeting due this week.
The Singapore dollar climbed to a fresh 1-year high of 1.2339 against the greenback with 1.22 seen as the next resistance level. The pair finished yesterday's deals at 1.2369.
The material has been provided by Instaforex Company - instaforex.com
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