Singapore's central bank kept its policy stance unchanged on Friday as policymakers assessed that the past five successive tightening was sufficient to curb imported inflation and to bring medium-term price stability.
The Monetary Authority of Singapore, or MAS, decided to maintain the prevailing rate of appreciation of the S$NEER policy band. There will be no change to its width and the level at which it is centered.
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by Renju Jaya
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