Singapore central bank keeps monetary policy unchanged
SINGAPORE: Singapore's central bank on Wednesday kept its monetary policy settings unchanged.
The Monetary Authority of Singapore (MAS) said it would maintain the prevailing rate of appreciation in its exchange rate-based policy band, known as the Singapore dollar nominal effective exchange rate, or S$NEER.
There would be no change to the width of the policy band or the level at which it is centred, it said.
All 10 analysts polled by Reuters had expected the MAS to tighten monetary policy.
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