Trump’s reciprocal tariffs: MAS ‘stands ready to curb excessive volatility’ in Singapore dollar
SINGAPORE (April 3): The Monetary Authority of Singapore (MAS) said Singapore’s foreign exchange (forex) and money markets continue to function normally after US President Donald Trump announced tariffs on US trading partners worldwide.
In a Thursday announcement, Singapore’s central bank said it stands ready to curb excessive volatility in the Singapore dollar, and to ensure that Singapore’s forex and money markets continue to function in an orderly manner.
MAS said it is “closely monitoring...(click on link for full story on theedgesingapore.com)