By Vishnu Varathan, Head, Economics & Strategy, Asia & Oceania Treasury Department, Mizuho Bank, Ltd.,
MAS Hold: (Still) Unhurried ...
MAS hold was unsurprising, although theĀ guidance was somewhat less emphatically dovish. This explained modest SGD appreciation reaction; to sub-1.34 but within mid-1.33 support. Moreover . . .
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