MAS Widens Trading Band
This morning’s story is clearly USD weakness in Asia with the primary catalyst being Singapore’s MAS (Monetary Authority of Singapore) decision to expand the SGD trading band. Historically, Singapore has always been a strong indicator of growth in Asia and today’s adjustment encouraged further capital inflows for the nation while further indicating a certain level of acceptance of USD...
Wednesday, 13 October 2010 19:00
Read more: ACM Newsletter
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