ING Tips Singapore's MAS To Tighten Policy Further
DJ MARKET TALK:ING Tips Singapore's MAS To Tighten Policy Further
0333 GMT [Dow Jones] ING expects Monetary Authority of Singapore's monetary policy statement due Thursday to announce further tightening via increase in slope of SGD-NEER trading band. Notes Singapore experiencing record inflation due mostly to supply shocks, administered price rises. Says authorities have already tightened monetary policy by appreciating SGD-NEER, making SGD third top-performing currency in Asia vs USD this year. Tips SGD, along with MYR, TWD, as top picks for appreciation vs USD in 2008. USD/SGD at 1.3817. (LES)
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(END) Dow Jones Newswires
April 06, 2008 23:33 ET (03:33 GMT)
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不知道MAS这次会不会插手。