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MAS likely to fight inflation with aggressive 'double-barrelled' move: Analysts
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Analysts anticipate that Singapore’s central bank will steepen the slope of its Singapore dollar nominal effective exchange rate and also recentre the policy band higher on Friday.
ST PHOTO: LIM YAOHUI
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SINGAPORE - 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.
