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MAS policy shift unlikely to weaken Singapore dollar, but stronger US dollar can
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On Jan 24, MAS shifted its policy stance in favour of a more gradual appreciation of the trade-weighted Singapore dollar.
PHOTO: REUTERS
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SINGAPORE – When the Government forecast in November 2024 that the Singapore economy would expand at a slower pace in 2025 and inflation dropped to a surprisingly low level the very next month, analysts said it was just a matter of time before the central bank adjusted its monetary policy accordingly.
On Jan 24, the Monetary Authority of Singapore (MAS) shifted its policy stance
