Tag: Singapore eases monetary policy with currency to appreciate slower

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Singapore eases monetary policy with currency to appreciate slower

Oct 14, 2015 (LBO) – The Monetary Authority of Singapore will ease its policy stance for the second time this year and slow the appreciation of the Singapore dollar, it said on Wednesday. Singapore’s monetary authority targets the exchange rate, based on the NEER (Nominal Effective Exchange Rate), rather than key interest rates to determine […]