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CURRENCY TURMOIL

MAS ready to intervene to curb SGD volatility

It says money markets are functioning normally and there's ample liquidity in the system
Saturday, November 12, 2016 - 05:50

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The Monetary Authority of Singapore (MAS) said on Friday it is ready to intervene to curb excessive volatility in the Singdollar as Trumpflation fears hit regional currencies.

Singapore

THE Monetary Authority of Singapore (MAS) said on Friday it is ready to intervene to curb excessive volatility in the Singdollar as Trumpflation fears hit regional currencies. The SGD has fallen as much as 2.2 per cent to S$1.42 against the US dollar since Wednesday on worries

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