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Outlook for SGD: Barclays

Quotes from Barclays Capital:

-The SGD is likely to underperform amid significant overvaluation, slowing core inflation, and high sensitivity to broad USD strength.

-With the MAS having lowered the slope of the SGD NEER policy band, we see more upside risks for USDSGD even if there is no further policy change at the April MAS meeting.

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