[ad_1]
Singapore’s Central bank decided to keep its monetary policy unchanged in the latest review, in line with expectations. The Monetary Authority of Singapore (MAS) opted to maintain its unique approach of managing monetary policy by adjusting the exchange rate of the Singapore dollar against a basket of currencies, rather than relying on domestic Interest rates. This decision was widely anticipated by analysts due to Singapore’s status as a heavily trade-reliant economy.

[ad_2]
SOURCE