The 1-year implied yield was down 8 basis points at 2.25%. Traders reckon ... try to push up USD/INR but a weaker dollar could lighten the pressure," a Singapore-based trader at a bank said.

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The Singapore dollar weakened against its U.S. counterpart in the Asian session, weighed by abating prospects for Fed rate cuts.

The Singapore dollar and most Asian currencies strengthened against the U.S. dollar on hopes for trade negotiations.