MAS further tightens Singdollar policy
It sees economy on steady expansion path in quarters ahead
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.
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