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MAS' double-tap policy easing still an exercise in restraint

Fiscal policy will have to pull its weight amid recession as monetary policy is blunt instrument, say analysts

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Annabeth Leow

Annabeth Leow

Published Mon, Mar 30, 2020 · 09:50 PM

    Singapore

    SINGAPORE'S central bank brought out the big guns on Monday.

    It eased its exchange rate-based monetary policy in a one-two punch, amid the economic devastation of the deadly Covid-19 pandemic.

    Singapore economyMonetary Authority of SingaporeSingapore dollar

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