MAS: Current settings for exchange rate still 'appropriate'
Central bank thus sees no need to tweak the monetary policy, at least for now
Add BT as a preferred source
Singapore
The Monetary Authority of Singapore (MAS) is maintaining its monetary policy, and has indicated that the current settings for the trade-weighted exchange rate remaining appropriate.
Ravi Menon, the managing director of the Singapore central bank, said on Wednesday: "The monetary policy remains unchanged. What we will do in April is another matter, depending on the growth and inflation outlook then."
