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View Full Version : Singapore's Economy Shrinks on Europe Turmoil - Bloomberg



NewsWhore
07-12-2012, 08:50 PM
Singapore's Economy Shrinks on Europe Turmoil (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH_JKhVhkU-30H3kn2wRdqmyjXGjQ&url=http://www.bloomberg.com/news/2012-07-13/singapore-s-economy-shrinks-as-europe-turmoil-constrains-exports.html)
Bloomberg
... policy in April by allowing faster currency gains to contain price increases. The local dollar is the second-best performer among the 11 most-traded Asian currencies tracked by Bloomberg, gaining about 2 percent against its U.S. counterpart this year.

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