Singapore Unexpectedly Raises Currency Slope Slightly

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Bloomberg Markets and Finance published this video item, entitled “Singapore Unexpectedly Raises Currency Slope Slightly” – below is their description.

Oct.13 — Singapore’s central bank unexpectedly, and modestly, tightened its monetary policy settings as it sees cost pressures building. The Monetary Authority of Singapore increased the slope of its currency band “slightly” from zero percent previously. Bloomberg’s Haslinda Amin reports on “Bloomberg Daybreak: Asia.”

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    Singapore, officially the Republic of Singapore, is a sovereign island city-state in maritime Southeast Asia.

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