MAS maintains Singdollar monetary policy and reduces headline inflation forecast
The MAS’s decision to maintain its current policy stance reflects a cautious approach to managing the Singapore dollar's nominal effective exchange rate.
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The MAS’s decision to maintain its current policy stance reflects a cautious approach to managing the Singapore dollar's nominal effective exchange rate.
MAS has chosen to uphold its exchange rate-based monetary policy, announcing today its decision to keep the status quo for the third consecutive meeting.
Credit Suisse faces penalty for its failure to prevent misconduct by its relationship managers in the Singapore branch.
Menon stated that during the pilot phase, Singapore's central bank would collaborate with local banks to assess the application of wholesale CBDCs for streamlining domestic payments.
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