KEYWORDS: EXCHANGE RATES, INFLATION, VOLATILITY, MONETARY POLICY RULES, SINGAPORE Page 3 MAS Staff Paper No 37 December 2004
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MAS does not attempt to control the level of domestic interest rates, limiting itself to dampening excessive interest rate volatility Singapore dollar interest rates are
[PDF] Managed Floating and Intermediate Exchange Rate Systems: The
KEYWORDS: EXCHANGE RATES, INFLATION, VOLATILITY, MONETARY POLICY RULES, SINGAPORE Page 3 MAS Staff Paper No 37 December 2004
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Second, the MAS operates a managed float regime for the Singapore dollar The trade-weighted exchange rate is allowed to fluctuate within an undisclosed policy
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MONETARY AUTHORITY OF SINGAPORE (MAS) 1 The weekly exchange rates applicable for the current week are based on MAS's average rates published
[PDF] Monetary policy operating procedures in Singapore
The Monetary Authority of Singapore (MAS) is responsible for the formulation and implementation of monetary and exchange rate policies in Singapore
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When necessary, MAS intervenes in the foreign exchange market to maintain the trade-weighted Singapore dollar exchange rate, also known as the nominal
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