SINGAPORE, April 14 (Xinhua) — The Monetary Authority of Singapore (MAS) on Thursday announced that it decided to further tighten monetary policy, in two ways.
According to the newly-published MAS Monetary Policy Statement, first, the authority will re-center the mid-point of the exchange rate policy band at the prevailing level of the Singapore dollar Nominal Effective Exchange Rate (S$NEER).
Second, MA