MAS policy stance within 'planning parameters'; next move seen as tightening

Singapore

SINGAPORE'S central bank is finding itself in a suitably comfortable position, and changes to its monetary policy approach seem unlikely for now. But should the Monetary Authority of Singapore (MAS) choose to move again later this year, it would be a tightening of monetary conditions, said economists.

MAS deputy managing director Jacqueline Loh said on Friday that the growth forecast for Singapore's economy in 2017 is within expectations for its policy stance since late last year.