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Dow Jones Newswires: Singapore’s central bank unexpectedly keeps monetary policy unchanged

The Monetary Authority of Singapore maintained its monetary policy unchanged in a surprise move on Friday. Read More...

SINGAPORE — The Monetary Authority of Singapore maintained its monetary policy unchanged in a surprise move on Friday.

The central bank said it will keep the prevailing rate of appreciation of the SGD NEER policy band, as the current path of appreciation is sufficiently tight and appropriate for achieving medium-term price stability.

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