Gold and silver bullion prices sank Friday after this week s dovish US Fed rate-rise was followed by the strongest US jobs data since July, blowing past analyst forecasts and sending the Dollar sharply higher
HANOI (Reuters) - Vietnam is preparing to loosen its tight leash on the dong currency, including possibly widening its trading band with the U.S. doll.
Singapore is likely to tighten monetary policy this month, the fifth time in a row, amid persistent inflation in the Asian financial hub due to global supply chain disruptions and a tight labour market. All 16 economists polled by Reuters forecast the Monetary Authority of Singapore (MAS) to tighten its policy, but they are divided on how aggressive the central.
Singapore is likely to tighten monetary policy this month, the fifth time in a row, amid persistent inflation in the Asian financial hub due to global supply chain disruptions and a tight labour market.