Singapore dollar strengthened against its U.S. counterpart amid falling Treasury yields that may diminish the allure of U.S. fixed-income assets and demand for the greenback.
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Singapore’s central bank eased its monetary policy for the first time in nearly five years, saying economic growth is likely to slow this year and inflation will stay contained.
The last time MAS eased the pace of Singapore dollar’s appreciation in 2020 was when the economy was headed for its worst recession ever in the wake of the Covid-19 pandemic. This time around the ...
Singapore on Friday loosened its monetary policy for the first time since 2020, citing a faster than expected decline in inflation and warning about a growth slowdown.
Singapore’s central bank loosened its monetary policy settings for the first time in nearly five years on expectations price pressures will keep abating and growth momentum will slow.Most Read from ...