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SGD traders heads up - Monetary Authority of Singapore policy statement due today

The Monetary Authority of Singapore (MAS) is the country's central bank. It has two scheduled policy meetings a year, in April and October.Today's statement is expected to have no change to policy. In April the MAS left settings unchanged.---Note that the MAS's key tool is its exchange rate policy. It adjusts the exchange rate of its dollar (SGD) instead of changing domestic interest rates like most other economies.It manages the SGD exchange rate against a basket of currencies of Singapore's m... Read More

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Posted: Oct 12 2023, 22:56

Author Name: forexlive

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