Need for sustained Sing$ appreciation fades as inflation momentum eases

Quick Summary:

Most private analysts believe MAS will leave its monetary policy settings unchanged.

Surging inflation at home and abroad since October 2021 prompted MAS to allow the Singdollar to appreciate at a quicker pace within the policy band.

Surging inflation since October 2021 prompted the MAS to allow the Singdollar to appreciate at a quicker pace within the policy band.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: 2024 July Inflation Analysts Cent Policy Singapore Singdollar Band Core Bank

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-24 @ 17:24:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 1128 words

Reading Time: 7 minutes read

Sentences: 41 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 21761159

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Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 18 posts per day

Year Established: 1845

Headquarters: Singapore

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Publisher ID: #25

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