The Monetary Authority of Singapore (MAS), the countryâ€™s central bank, is expected to unveil its half-yearly policy statement next week, possibly coinciding with the release of data showing how the economy performed in the third quarter.
The MAS sets monetary policy by allowing the Singapore dollar to rise or fall against an undisclosed basket of currencies. In its last policy statement in April, the MAS said it would allow a modest and gradual rise of its currency with a slightly steeper slope of appreciation to keep inflation in check.
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