Monetary Authoriity of Singapore
Monetary Authority of Singapore Tightens Stance
April 14, 2022
The Monetary Authority of Singapore, which conducts monetary policy by targeting the external value of the currency rather than a domestic interest rate, took the unusual step today of changing two of the three defining parameters of its Singapore dollar policy, rather than just one. As it did last October and again in January, MAS […] More
Monetary Authority of Singapore Leaves Policy Stance Unchanged
April 12, 2013
Singapore subordinates domestic interest rate policy to an exchange rate target corridor, which is reviews every April and October. The latest semi-annual review concluded with no change in the slope or width of the policy band for the Singapore dollar’s nominal effective policy band (S$NEER). The level at which the band is centered was likewise […] More
