Singapore escapes recession, keeps tight monetary policy – Reuters UK

Posted: October 12, 2012 in recession
Tags: , ,

RTT News

Singapore escapes recession, keeps tight monetary policy
Reuters UK
SINGAPORE (Reuters) – Singapore defied forecasts on Friday by keeping monetary policy tight and allowing the local dollar to appreciate at its current pace, bucking the regional trend as it warned of persistent inflationary pressures in a slowing economy.
Singapore Retains Tight Monetary Policy As Economy Skirts RecessionRTT News
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via recession – Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGRep1QqME1cp3ng51zTVvUwATPUw&url=http://uk.reuters.com/article/2012/10/12/uk-singapore-economy-policy-idUKBRE89B06A20121012

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