
Singapore Tightens Monetary Policy Amid Inflation Concerns
Singapore's central bank, the MAS, has tightened its monetary policy for the second consecutive time. This decision comes as rising oil prices reignite inflation risks in the region.
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Singapore tightens monetary policy as rising oil prices rekindle inflation risk
Unlike most central banks, the MAS manages medium-term price stability by managing the Singapore dollar exchange rate against a trade-weighted basket of currencies.
Read full article →MAS tightens monetary policy for the second time in a row
The majority of analysts had expected the central bank to keep monetary policy unchanged.
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