Friday, October 15, 2010

MAS signaling monetary policy to be tightened

Looks like hot money flowing into Singapore assets have good reason to continue to do so.

---------------------------------------------------------------
TODAY: Monetary policy tightened
by Millet Enriquez | Oct 15

MAS signals its intent to combat inflation, even as economic growth slows

SINGAPORE - Taking global markets by surprise, the Monetary Authority of Singapore (MAS) tightened its monetary policy yesterday - signaling its intent to combat inflation even as the Republic's economic growth slows.
---------------------------------------------------------------
This is an excerpt. To read the full article, please visit http://todayonline.com

No comments:

Post a Comment