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Singapore’s national currency is the Singapore dollar (SGD), which can then be subdivided further into 100 units called cents. The Bank for International Settlements (BIS) ranked the SGD as the 12th most commonly traded currency in 2016, stating that it made up about 1.8% of the overall forex turnover that year.
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Nicknamed the Fine Country, the Republic of Singapore is a Southeast Asian island strategically located near China, Malaysia, Indonesia and Australia. Singapore exported US$390.3 billion worth of g…
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