Singapore MAS widen policy band for FX flexibility

Central Banking staff
10 Oct 2001

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

SINGAPORE - The Monetary Authority of Singapore said Wednesday 10 October it has decided to widen its policy band to allow a greater flexibility in managing the exchange rate, as it expects more volatility in financial markets.

But despite the sharper-than-expected downturn in the Singapore economy, the central bank appears to refrain from shifting to a loosening policy bias - as expected by some market observers - from its neutral stance.

"The widened policy band will continue to be centered

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]