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