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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.
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Emma Collins, graduated in Financial Economics from the University of Chicago in the USA in 2016. She has since worked at an asset management firm in New York, where she specializes in investment strategies and portfolio management. Emma has a keen interest in financial analysis and has published several articles in renowned financial journals. Her work focuses on providing actionable insights to investors, and she is known for her forward-thinking approach to managing financial portfolios.