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MAS closely watching UK developments

Tuesday, June 21, 2016 - 05:50

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Citi said in a report that if the "Leave side" wins, flight to safety flows may place further upward pressure on the dollar and raise risk premia on UK, and possibly some EU, fixed income and equity assets.

Singapore

THE Monetary Authority of Singapore (MAS) on Monday said it is monitoring the developments in Europe closely, with the UK referendum due this week.

"MAS is monitoring the developments in Europe closely," said a spokesman from the central bank in response to queries from

sentifi.com

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