Singapore leaves monetary policy unchanged
Decision comes despite moderation in domestic inflation
Singapore left its monetary policy setting unchanged for a fifth consecutive time today (July 26) even as inflation moderated.
The Monetary Authority of Singapore (MAS) said it would bring no changes to the slope, mid-point or width of the Singapore dollar nominal effective exchange rate (S$NEER) policy band.
The MAS manages monetary policy by letting the Singapore dollar strengthen or weaken against the currencies of the country’s main trading partners within the undisclosed S$NEER band.
The
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