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Business 16 Apr 2022 | 7:00 AM

Singapore prospects remain bright

AMID a rising interest rate environment, the Monetary Authority of Singapore (MAS) has tightened its monetary policy setting recently by re-centring the Singapore dollar nominal effective exchange rate (S$NEER) band to the predominant level and increasing the appreciation rate of the policy band. However, there is no change on the width of the policy band.