KONTAN.CO.ID - SINGAPORE. Singapore's central bank on Friday kept its monetary policy unchanged, as expected, as inflation in the city-state moderates and economic growth was higher than expected. The Monetary Authority of Singapore (MAS) said it will maintain the prevailing rate of appreciation of the S$NEER policy band. There will be no change to its width and the level at which it is centred. MAS also said it would move to a quarterly schedule of issuing monetary policy statements from 2024, which would be released in January, April, July, and October.
Singapore Keeps Monetary Policy Settings Unchanged
KONTAN.CO.ID - SINGAPORE. Singapore's central bank on Friday kept its monetary policy unchanged, as expected, as inflation in the city-state moderates and economic growth was higher than expected. The Monetary Authority of Singapore (MAS) said it will maintain the prevailing rate of appreciation of the S$NEER policy band. There will be no change to its width and the level at which it is centred. MAS also said it would move to a quarterly schedule of issuing monetary policy statements from 2024, which would be released in January, April, July, and October.