"Our first approach is to seek to moderate medium-term inflationary pressures through the Singapore dollar exchange rate policy" of the Monetary Authority of Singapore. Full story
Singapore Fin Min: Seek To Moderate Medium-Term Inflation Pressure Via Forex Rate
Nasdaq
SINGAPORE -(Dow Jones)- Singapore aims to fight inflationary pressures over the medium term by letting its currency rise, but a sharp appreciation would be disruptive, Finance Minister Tharman Shanmugaratnam said in his budget speech Friday.
"Our first approach is to seek to moderate medium-term inflationary pressures through the Singapore dollar exchange rate policy" of the Monetary Authority of Singapore. Full story
"Our first approach is to seek to moderate medium-term inflationary pressures through the Singapore dollar exchange rate policy" of the Monetary Authority of Singapore. Full story
