Fxstreet.com, 21 Jan 2009
SINGAPORE, Jan 21 (Reuters) - Singapore's central bank said on Wednesday that its monetary policy stance announced last October was intact and that there was no reason for the Singapore dollar to weaken against other currencies.
"There is no reason, in our view, for a persistent weakening of the Singapore dollar," Ong Chong Tee, deputy managing director at the Monetary Authority of Singapore, told journalists.
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