BUSINESSJul 27 · 05:15 UTCSCMP CHINAAgence France-Presse

Singapore tightens monetary policy for second time in 3 months

Singapore tightened monetary policy for the second time in three months, with the Monetary Authority of Singapore (MAS) increasing the rate of appreciation of the local dollar’s trade-weighted value. The move follows elevated oil prices and inflation risks due to tensions in the Middle East, including US-Israel attacks on Iran.

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SingaporeplaceMonetary Authority of SingaporeorganizationUnited StatesplaceIranplaceMiddle Eastplaceoil pricestopicInflationtopicUS-Israel attackstopic

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