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Singapore Central Bank Tightens Policy

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us
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Singapore central bank tightened its monetary policy on Tuesday as escalating Middle East conflict drove sharp increases in energy prices. The Monetary Authority of Singapore decided to increase slightly the rate of appreciation of the S$NEER policy band. There will be no change to its width and the level at which it is centred. The central bank had eased its policy twice last year. Rather than ad...

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