Why It Matters

Staying nimble amid global flux

The Monetary Authority of Singapore's (MAS) cautious tightening of monetary policy reflects confidence in Singapore's growth - tempered with a keen awareness of global trade uncertainty.

In its half-yearly policy review yesterday, MAS announced the Singapore dollar's return to "a modest and gradual appreciation path", after two years of neutral policy.

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A version of this article appeared in the print edition of The Straits Times on April 14, 2018, with the headline 'Staying nimble amid global flux'. Print Edition | Subscribe