SINGAPORE--The Singapore dollar fell against the U.S. dollar late in Asia on Wednesday as regional currencies were hurt by weaker-than-expected Chinese manufacturing data.
The HSBC flash manufacturing purchasing managers index fell for China to an 11-month low of 47.7 in July undershooting expectations it would remain at 48.2.
The U.S. dollar rose to S$1.2675 in the last hour of Asian trade compared with S$1.2624 around the same time on Tuesday.
Singapore government bonds were flat as markets likely awaited more clarity on the health of the world-wide economy. Yield on the benchmark 10-year Singapore government bond was unchanged at 2.41% while that on the two-year bond rose a hundredth of a percentage point to 0.21%.
