Bloomberg.com, 16 Jul 2009, Shamim Adam
July 16 (Bloomberg) -- Singapore’s economy will recover slowly from the global recession and the nation’s currency policy stance remains appropriate to support growth, the central bank said today.
“Given that there remain stresses in the global financial system and job markets in the major economies continue to weaken, the domestic economy is likely to witness slow and uneven growth, rather than sharp and decisive recovery,” Monetary Authority of Singapore Managing Director Heng Swee Keat said in Singapore today.
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Singapore's Current Policy Stance Appropriate To Support Recovery: MAS - ForexTV.com
Singapore c.bank: policy right for price stability - Reuters
