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MAS may opt for aggressive tightening to tame inflation in April meeting

Some economists say the central bank could steepen Singdollar appreciation slope as well as recentre upward its policy band

 Sharon See
Tessa Oh
Published Mon, Apr 11, 2022 · 09:50 PM

    Singapore

    THE Monetary Authority of Singapore (MAS) could allow the Republic's currency to appreciate at a faster rate in its monetary policy review later this week, although economists are not discounting the possibility it may take a more hawkish stance amid rising inflation.

    Economists whom The Business Times reached out to unanimously agreed a further tightening is on the cards in the central bank's monetary policy statement slated for Apr 14.

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