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2012.12.2600:32:00UTC+00Singapore Dollar Declines To 4-week Low Against U.S. Dollar

The Singapore dollar underperformed against the U.S. currency on Wednesday in Asia.

The Singapore dollar hit 1.2243 against the greenback for the first time since November 28. The next downside target level for the Singapore currency is seen at 1.23. The pair closed yesterday's deals at 1.2213.

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