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Nikkei Markets

Expectations of easier policy bear down on Singapore dollar

Disappointing growth, inflation to influence central bank's move

SINGAPORE (Nikkei Markets) -- There are nearly three months to go before Singapore next adjusts monetary policy but expectations that the central bank will opt for an easing have grown so strong that downward pressure is building on the domestic dollar.

Not only have recent data have been much worse than expected, the outlook has also worsened as the trade war drags on, hurting the export-reliant economy's prospects.

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