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| Unexpected currency fluctuations led to surprise surplus Much of the surprise $9.61 billion Budget surplus last year is due to currency fluctuations, Finance Minister Heng Swee Keat said. Making up about 2.1 per cent of Singapore's gross domestic product, the sum is the highest in 30 years. It also surpassed the initial forecast of $1.91 billion by five times.
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| Business Report: How currency exchange rates affect visitors International visitors to Hawaii typically convert their money to U.S. dollars. But currency exchange rates change all the time. The Japanese yen has lately been very strong. Today it takes 107 yen to buy a dollar. Yesterday it was 106. Last year it often took 115 yen to buy a buck. The lower the number, ...
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