TopNews, 1 Sep 2009
The International Monetary Fund holds the viewpoint that once the economy recovers from its worst recession since independence in 1965, Singapore should resume to a policy of allowing the currency to strengthen.
It was specified by the Washington-based lender, via a statement on its Web site, that in order to protect price stability, a tightening stance would be warranted through targeting a trend appreciation, further along the recovery path.
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