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Singapore Eases Currency Band As Expected

14-Apr-25 09:15

Singapore Eases Currency Band As Expected

Singapore’s Central bank has eased its monetary policy settings, reducing the rate of appreciation of the exchange rate. This as the 2025 growth forecast has been downgraded to 0-2% from the previous 1-3% on the back of the uncertain external environment. We speak to Geoff Howie, Market Strategist, Singapore Exchange as to what impact that has on markets and does the island state still retain their defensive status.

Image Credit: Shutterstock.com

Produced by: Wong Shou Ning

Presented by: Aisalli Ayub, Philip See, Wong Shou Ning


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Categories:  markets,  economy,  environment,  international

Tags:  island state,  singapore,  monetary policy,  exchange rate,  environment,  markets, 


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