Chow, Hwee-kwan; Wong, Fot-chyi - In: Monetary policy implementation in East Asia, (pp. 73-83). 2020
Singapore's monetary policy is centred on the management of the Singapore dollar exchange rate against a trade … as an instrument of monetary policy implies that the domestic interest rate is endogenous. As such, MAS' money … international financial centre and the attendant high degree of capital mobility, monetary policy operations in Singapore …