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MAS Tightens Again as Middle East Tensions Fuel Inflation Fears

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🚨 🇸🇬 Singapore’s central bank tightened policy further on Monday, bracing for expected inflationary pressures as renewed tensions in the Middle East threaten to keep energy prices elevated. The Monetary Authority of Singapore, raised the rate of appreciation of its policy band “very slightly,” it said. It left the width and center unchanged. The Singapore dollar was up 0.15% to 1.2886 versus the greenback following the announcement