CNA·3 min read·medium
MAS tightens monetary policy for the second time in a row
A
Abigail Ng
✦AI Summary
The Monetary Authority of Singapore has tightened its monetary policy for the second consecutive time to combat rising inflationary pressures. The central bank will increase the rate of appreciation of the Singapore dollar's policy band to reduce imported inflation.
The majority of analysts had expected the central bank to keep monetary policy unchanged.
businesseconomy
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