The Singapore dollar edged higher to 5.4675 against the Hong Kong currency during early Asian deals on Wednesday. This set the highest mark for the pair since December 18, 2008. If the Singapore currency gains further, 5.471 is seen as the next target level. The pair closed Tuesday's North American session at 5.4609.

Grafico Cross SGD vs HKD (FX:SGDHKD)

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Grafico Cross SGD vs HKD (FX:SGDHKD)

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