ST: The Big Story, 14 July - MAS is tightening its policy to strengthen the country’s currency amid the global inflation

Your Way Home with Hongbin Jeong · Jul 14, 2022 · 6m

The Singapore economy grew slower than expected in the second quarter this year, indicating weakening global and domestic demand for goods and services amid surging inflation. Meanwhile, the Monetary Authority of Singapore further tightened its policy stance, making room for a stronger Singapore dollar to douse the impact of rising global prices as it raised inflation forecasts for this year. In The Straits Times’ The Big Story, Multimedia journalist Hairianto Dirman spoke with Senior economist at DBS Irvin Seah to weigh in on the developments. See omnystudio.com/listener for privacy…