Singapore's central bank holds monetary policy steady

10/14/2013 | Business Times (Singapore), The

Anticipating steady growth in the near term, the Monetary Authority of Singapore said it would leave its current policy unchanged. "The Singapore economy should continue to expand for the rest of 2013 and into 2014, although some volatility in growth rates is likely. There are short term uncertainties in the external environment, and MAS is closely monitoring economic and financial developments," according to a statement by the central bank.

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Business Times (Singapore), The

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