MAS says 'does not engage in currency manipulation'
Stanislaus Jude Chan • • 3 min read
SINGAPORE (May 29): The Monetary Authority of Singapore (MAS) has said it does not manipulate its currency for export advantage, in response to media queries on the US Treasury Report on Macroeconomic and Foreign Exchange Policies released today.
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SINGAPORE (May 29): The Monetary Authority of Singapore (MAS) has said it does not manipulate its currency for export advantage, in response to media queries on the US Treasury Report on Macroeconomic and Foreign Exchange Policies released today.
The US Treasury on May 29 added Singapore, Malaysia and Vietnam to a watchlist for exchange rate and macroeconomic policy.
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