MAS further tightens Singdollar policy
It sees economy on steady expansion path in quarters ahead
Add BT as a preferred source
Singapore
THE Monetary Authority of Singapore (MAS) is slightly increasing the pace of the Singapore dollar's appreciation in keeping with a "modest and gradual appreciation path... that will ensure medium-term price stability", in the second consecutive tightening at its half-yearly policy review.
The width of the policy band and the level at which it is centred will be unchanged.
TRENDING NOW
Japan Home closing outlets; staff say Valu$ taking over operations
Timah Partners lands S$60 million facility from lenders including UOB, RHB
ComfortDelGro’s Zig to buy S$10 million worth of BYD cars for private-hire fleet
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
