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The exchange rate is an intermediate target of monetary policy in the context of the small and open Singapore economy (where gross exports and imports of goods and services are more than 300 percent of GDP and almost 40 cents of every Singapore dollar spent domestically is on imports), the exchange rate represents a significantly stronger ...
The Act provided for a drawing on the Past Reserves of a sum not exceeding S$28,312,615,600 [17] (S$49,312,215,600 in total after including the "Resilience" and "Solidarity" Budgets) to alleviate the adverse economic effects caused by the 2020-21 Singapore circuit breaker measures during the COVID-19 pandemic in Singapore.
The Ministry of Finance (MOF; Malay: Kementerian Kewangan; Chinese: 财政部; Tamil: நிதி அமைச்சு) is a ministry of the Government of Singapore responsible for managing the fiscal policies and the structure of the economy of Singapore.
The yield on the benchmark 10-year U.S. Treasury note ticked up to 3.546% on Monday morning. ... A key challenge for the FOMC will be to execute its transition to smaller rate hikes without ...
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Asian shares retreated Friday as the prospect of a 5% yield on the 10-year U.S. Treasury for the first time since 2007 added to pressure on Wall Street. U.S. futures were lower while oil prices ...
SIBOR stands for Singapore Interbank Offered Rate [1] and is a daily reference rate based on the interest rates at which banks offer to lend unsecured funds to other banks in the Singapore wholesale money market (or interbank market). It is similar to the widely used LIBOR (London Interbank Offered Rate), and Euribor (Euro Interbank Offered ...
The U.S. Treasury Department's top sanctions official will travel to Singapore and Malaysia next week, a source familiar with the matter told Reuters, as Washington seeks to combat funding for ...