Against the Hong Kong currency, the Singapore dollar edged down during early Asian deals on Tuesday. At 11:25 pm ET, the pair touched a 12-day low of 5.3598, compared to 5.3664 hit late New York Monday. If the Singapore currency falls further, 5.352 is seen as the next target level.

Singapore's second quarter gross domestic product surged from the previous quarter, underpinned by strong performance by the manufacturing sector, an official report said today.

The Ministry of Trade and Industry said GDP grew a seasonally adjusted 20.7% sequentially in the second quarter, reversing a 12.2% contraction in the first quarter. Economists expected a growth of 19.2%.

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