Singapore Tightens Monetary Policy to Fight Inflation
July 14, 2022
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1:15Now PlayingSingapore Tightens Monetary Policy to Fight Inflation
YouTube Description
as posted by the channelSingapore's central bank unexpectedly tightened monetary policy in its second surprise move this year, as it seeks to tame surging inflation. The Monetary Authority of Singapore, which uses foreign exchange as its main policy tool, signaled in a statement that it will re-center the midpoint of the policy band up to its prevailing level allowing the local currency to appreciate further against peers. David Finnerty reports on Bloomberg Television.
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