Singapore keeps financial policy the same as inflation dangers remain
By Xinghui Kok SINGAPORE (Reuters) -Singapore's reserve bank left its financial policy the same on Friday, in line with expectations, as authorities searched for indications inflation in the city-state was moderating before they think about loosening up settings. The Monetary Authority of Singapore (MAS) stated it will preserve the dominating rate of gratitude of its exchange rate-based policy band called the Nominal Effective Exchange Rate, or S$ NEER. The width and the level at which the band is centred did not alter. MAS stated in a declaration that existing financial policy settings stay proper. "The dominating rate of gratitude of the policy band is required to keep a limiting result on imported inflation in addition to domestic expense pressures, and suffices to guarantee medium-term...