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Singapore Central Bank Tightens Policy Stance

Singapore's central bank tightened its monetary policy stance for the fourth time this year after core inflation moved closer to a 14-year high.

The Monetary Authority of Singapore on Friday decided to re-centre the mid-point of the S$NEER policy band up to its prevailing level, but the slope and width of the band were left unchanged.

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by Renju Jaya

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