MAS POLICY REVIEW

MAS' double-tap policy easing still an exercise in restraint

Fiscal policy will have to pull its weight amid recession as monetary policy is blunt instrument, say analysts

Singapore

SINGAPORE'S central bank brought out the big guns on Monday.

It eased its exchange rate-based monetary policy in a one-two punch, amid the economic devastation of the deadly Covid-19 pandemic.

Both the slope and mid-point of the Singdollar nominal effective