Singapore financial markets functioning normally despite volatility: MAS
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Singapore
SINGAPORE'S financial markets are functioning normally despite the heightened volatility in both global and domestic markets, the Republic's central bank said on Friday evening just before the market closed.
"MAS has left a higher level of liquidity in the banking system through its money market operations, and Singapore dollar interest rates have eased in tandem with global interest rates," the Monetary Authority of Singapore (MAS) said in a statement.
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