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News 2026-07-06 13:26 UTC

Singapore Dollar Falls as Retail Sales Growth Slows

() -- Singapore's dollar weakened against the US dollar on Monday after official data showed retail sales rose 3% annually in May, slowing from April's 5.4% increase. Seasonally adjusted retail sales fell 2.3% from April, reversing the previous month's revised 0.4% gain, according to Statistics Singapore, pointing to s