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Costliest cities: S'pore's ranking up
Wed, Mar 11, 2009
The Straits Times

By Robin Chan

DRAMATIC shifts in currency values have propelled Singapore towards the top of a survey of the world's most expensive cities.

The Republic leapt five places to 10th costliest city in the world in just six months, as European cities like Brussels and Dublin have become relatively cheaper places following the euro's plunge in value, according to the Economist Intelligence Unit (EIU) survey of 140 cities.

London fell from 8th to an incredible 27th on the list - reflecting the near 30 per cent depreciation of the British pound against the dollar over a half-year period.

 
 
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