Singapore will seek a faster appreciation of its currency to curb inflation even as the local economy grows at a slower and more sustainable pace, its central bank said.The island will steepen and widen the band on the local dollar as the pace of consumer-price gains accelerates to 4 percent by the end of the year from 3.3 percent in August, the Monetary Authority of Singapore said in a statement following a semi-annual policy review. The center of the policy band remains unchanged, the bank said. Full story
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