Singapore's central bank policy - Reuters News Agency
Business & Finance

Singapore’s central bank policy

Reuters led with all of the key news from the Monetary Authority of Singapore’s semi-annual policy announcement on April 14, including a retention of its existing settings and its expectation that economic growth would exceed the forecast range of 4-6%. It also raised its forecast for headline inflation but said the key gauge of core inflation was expected to rise only gradually, indicating a patchy recovery from last year’s Covid-driven recession.

Market Impact

The Singapore dollar strengthened 0.2% after the announcement, pushing the U.S. dollar below S$1.34.

Article Tags
Topics of Interest: Business & Finance
Type: Reuters News First
Sectors: Business & Finance
Regions: Asia
Countries: Singapore
Win Types: Speed
Media Types: Text
Customer Impact: Important Regional Story
People wearing protective face masks pass a UOB bank branch in Singapore's central business district, during the coronavirus disease (COVID-19) outbreak in Singapore, August 17, 2020.   REUTERS/Edgar Su
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