Bloomberg.com, 6 May 2009, Shamim Adam
May 6 (Bloomberg) -- Singapore’s central bank, which last month adjusted the trading range for its currency, said monetary policy remains “appropriate” amid signs the economy may be past the deepest part of the nation’s recession.
The city state is not expected to have a “sharp rebound” in growth, Monetary Authority of Singapore Managing Director Heng Swee Keat said in an interview today. It’s “still too early” to predict if the economy will grow in 2010, he said.
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