Singapore Central Bank Will Keep Currency Stable, Survey Shows

Bloomberg.com, 8 Oct 2009
ingapore’s central bank will delay any change in currency policy until April as it seeks evidence the economy has recovered from the worst recession since independence in 1965, a survey of economists showed.
The Monetary Authority of Singapore, known as MAS, will stick with a neutral stance at a twice-yearly review on Oct. 12, favoring neither appreciation nor depreciation, according to the median estimate of 12 economists surveyed by Bloomberg News.
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