Cautious MAS maintains zero appreciation policy

pg16-maos-gif

An uncertain outlook for the global economic recovery led Singapore's central bank to maintain the neutral policy stance it has had in place since October 2008.

"Against continuing weakness and uncertainties in the external economic environment, the strength of the recovery in the Singapore economy is expected to be moderate beyond the initial uplift," the central bank said, adding it would maintain the current policy stance of a zero percent appreciation of Singapore dollar's nominal exchange r

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: