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September NODX + 1.2% m / m vs expected 2.4% & previous of -3.6%

For the y / y arrives at 12.3% against expected of 9.6% and previous of 2.7%

Last week, the Monetary Authority of Singapore, Singapore’s central bank, tightened monetary policy a bit.

The Monetary Authority of Singapore adjusts the country’s monetary policy through currency controls, not interest rates. The MAS guides the SGD on a basket of currencies, it modifies the rate of appreciation or depreciation by modifying the slope, the width and the center of its monetary band. MAS does not disclose details of the basket, band or rate of appreciation or depreciation.
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