The Business Times
SUBSCRIBERS

MAS' double-tap policy easing still an exercise in restraint

Fiscal policy will have to pull its weight amid recession as monetary policy is blunt instrument, say analysts

Annabeth Leow

Annabeth Leow

Published Mon, Mar 30, 2020 · 09:50 PM

    Singapore

    SINGAPORE'S central bank brought out the big guns on Monday.

    It eased its exchange rate-based monetary policy in a one-two punch, amid the economic devastation of the deadly Covid-19 pandemic.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Singapore economyMonetary Authority of SingaporeSingapore dollar

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback
    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More