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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.

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