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MAS Lowers SGD's Trading Band

Monday, 13 Apr 2009 | 8:33 PM ET

The Singapore dollar strengthened against the greenback despite the MAS' move to devalue the currency. John Kyriakopoulos, head of currency strategy at National Australia Bank tells Michael Yoshikami of YCMNET Advisors, CNBC's Maura Fogarty & Sri Jegarajah why this happened.