MAS keeps monetary policy unchanged
Singapore's central bank is keeping its monetary policy unchanged. This is the fourth time in a row that the policy was kept steady amid inflation risks. The Monetary Authority of Singapore's (MAS) move is in line with analyst expectations. This means the current rate of appreciation of the Singapore dollar will be maintained. MAS said this will ensure medium-term price stability.
Singapore's central bank is keeping its monetary policy unchanged. This is the fourth time in a row that the policy was kept steady amid inflation risks. The Monetary Authority of Singapore's (MAS) move is in line with analyst expectations. This means the current rate of appreciation of the Singapore dollar will be maintained. MAS said this will ensure medium-term price stability.
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