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The three-month swap offer rate spiked to a new three-month high of 1.59168 per cent yesterday and the three-month Singapore interbank offered rate hit a two-month high of 1.12865 per cent.
http://www.straitstimes.com/business/economy/local-interest-rates-rise-ahead-of-feds-decision
http://www.straitstimes.com/business/economy/local-interest-rates-rise-ahead-of-feds-decision