MacroLive Wire · AI-collected
Singapore Tightens Monetary Policy as Rising Oil Prices Rekindle Inflation Risk
- Singapore's Monetary Authority (MAS) has tightened monetary policy as rising oil prices rekindle inflation risk, according to the report.
- Unlike most central banks, the MAS manages price stability via the Singapore dollar's exchange rate against a trade-weighted currency basket.
Published Jul 27Source: CNBC ↗