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MAS expected to further tighten Singdollar policy

Central bank likely to fight imported inflation with aggressive 'double-barrelled' move

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The Monetary Authority of Singapore (MAS) is likely to undertake a more aggressive double-barrelled move to further tighten its Singapore dollar policy so as to mitigate the impact of rising imported inflation.
Analysts expect MAS to steepen the slope of its Singapore dollar nominal effective exchange rate (S$Neer) and also recentre the policy band higher.
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