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Home›Global Markets›Asia›Singapore PM Wong rejects weaker currency push to boos…

Singapore PM Wong rejects weaker currency push to boost competitiveness

Reported · Written up by our desk · Asia

CNBC reports Singapore Prime Minister Lawrence Wong rejected the idea that Singapore should weaken its currency as a shortcut to improving competitiveness.

The outlet says Wong argued against using currency depreciation to drive competitiveness.

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Sources

CNBC MarketsSingapore PM Wong rejects weaker currency as shortcut to competitiveness
CNBC WorldSingapore PM Wong rejects weaker currency as shortcut to competitiveness

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