SINGAPORE: Singapore’s central bank is likely to ease monetary policy further in April as lower-than-expected inflation and output data suggest the economy is slowing and facing growing deflationary pressures, a Reuters poll showed.
Seven out of 11 economists and currency analysts surveyed expected the Monetary Authority of Singapore to re-centre its band for the Singapore dollar's exchange rate level, or widen the band in its regular bi-annual meeting next month. – Reuters
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