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MAS could tighten policy stance in September - PIMCO

Singapore Business Review
MAS could tighten policy stance in September - PIMCO

It will be the first bank in Central Asia to do so.

Bloomberg reports that the Monetary Authority of Singapore (MAS) may tighten its policy stance this month, based on an interview with Pacific Investment Management Co. (Pimco).

There is a 30% probability that MAS may raise the slope of the currency band slightly. Should it happen, MAS will be the first central bank in Asia to do so.

Read the full report here.



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