Futures
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Gold
One platform for global traditional assets
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Hot
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Introduction to Futures Trading
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Demo Trading
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CandyDrop
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Pre-IPOs
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Alpha Points
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Singapore Tightens Monetary Policy on Inflation Concerns
The Monetary Authority of Singapore (MAS) tightened its policy stance on Tuesday by slightly increasing the rate of appreciation of the Singapore dollar nominal effective exchange rate (S$NEER) band, while leaving its width and centre unchanged. The move was widely anticipated, as the central bank aimed to contain inflationary pressures stemming from a surge in energy prices linked to the Middle East conflict.