In a statement, the Monetary Authority of Singapore (MAS) said it would lower slightly the slope of the Singapore dollar's policy band, while the width and centre of the band would not be changed.
SINGAPORE: Singapore's central bank eased its monetary policy for the first time in three years on Monday, as widely expected.
In a statement, the Monetary Authority of Singapore (MAS) said it would lower slightly the slope of the Singapore dollar's policy band, while the width and centre of the band would not be changed.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
