Foreign Exchange News Results

  • Singapore Central Bank Surprises With Policy Tightening -- Update

    Singapore's central bank unexpectedly tightened its currency policy to cushion against inflationary pressures arising from strengthening global demand amid a global supply-chain crunch. The Monetary Authority of Singapore said Thursday that it will "slightly" increase the slope of the Singapore dollar nominal effective exchange rate policy band from the current slope of zero. Twelve of the 14 economists polled by The Wall Street Journal had expected the central bank to...

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