SINGAPORE: Singapore's central bank tightened its monetary policy settings unexpectedly on Monday, with inflation projected to step up in the months ahead. Singapore's central bank has a unique method of managing monetary policy, tweaking the exchange rate of its currency instead of changing domestic interest rates like many economies.
SINGAPORE: Singapore's central bank tightened its monetary policy settings unexpectedly on Monday, with inflation projected to step up in the months ahead. Singapore's central bank has a unique method of managing monetary policy, tweaking the exchange rate of its currency instead of changing domestic interest rates like many economies.This article was originally published by The Star.
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