MacroBrief
Singapore tightens monetary policy in surprise move as rising oil prices rekindle inflation risk
CPI / InflationOil
Levels
USO
WTI proxy (USO)
117.98
-0.75%
Indicative and delayed. Some markets use ETF proxies.
Unlike most central banks, the MAS manages medium-term price stability by managing the Singapore dollar exchange rate against a trade-weighted basket of currencies. Source: CNBC Economy.