Singapore's central bank on Monday left its monetary settings unchanged, as expected, as data showed the economy perked up in the third quarter though analysts are betting on a loosening in policy early next year to guard against external risks.

SINGAPORE’S economy exceeded expectations to grow 4.1 per cent year on year in the third quarter of 2024, indicated advance estimates by the Ministry of Trade and Industry (MTI), prompting some private-sector economists to raise their full-year growth forecasts.

Manufacturing sector expanded 7.5 per cent, rebounding from 1.1 per cent contraction in previous quarter. Read more at straitstimes.com.

Singapore's central bank on Monday left its monetary policy settings unchanged, as expected, as data showed the economy picked up pace in the third quarter. The Monetary Authority of Singapore (MAS) said it will maintain the prevailing rate of appreciation of its exchange rate-based policy band known as the Nominal Effective Exchange Rate,

SINGAPORE’S economy grew 4.1 per cent year on year (yoy) in the third quarter of 2024, an improvement from the previous quarter’s 2.9 per cent growth, advance estimates from the Ministry of Trade and Industry (MTI) showed on Monday (Oct 14) morning.

Singapores Central Bank Maintains Monetary Policy Amid Economic Recovery On Monday, Singapores central bank, the Monetary Authority of Singapore (MAS), decided to keep its monetary policy settings unchanged,