Singapore’s central bank kept its monetary policy settings unchanged for a fourth straight time on still-elevated price pressures and with the economy’s recovery seen staying the course.
Singapore Central Bank Keeps Policy Unchanged on Inflation Risks bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) China’s defense of its currency is heading toward a milestone moment that may trigger a more forceful response from authorities to punish short-sellers.Most Read from BloombergA Million Simulations, One Verdict for US Economy: Debt Danger AheadTrump Media’s Business Doesn’t MatterTrump Got His $175 Million Bond From a Billionaire Fan’s CompanyTesla’s Sales Miss by the Most Ever in Brutal Blow for EVsTSMC Halts Some Chipmaking as Taiwan Gauges Quake FalloutHaving weakened the yuan
China Leaves Key Rate Steady as Yuan Limits Maneuvering Room bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
The People s Bank of China held the interest rate on its one-year policy loans at 2.5% on Sunday while injecting a small amount of cash into the financial system, both moves in line with expectations among most economists surveyed by Bloomberg. The move came after the yuan slipped to a three-month low in offshore trading last week amid a resurgence in the dollar.