Singapore's central bank kept its monetary settings unchanged on Wednesday, dashing some expectations for a loosening of policy, after second quarter economic growth surprised to the upside and global trade tensions eased somewhat.

Singapores central bank, the Monetary Authority of Singapore (MAS), left its monetary policy unchanged on Wednesday after second-quarter economic growth exceeded expectations. The MAS confirmed it would maintain

The Monetary Authority of Singapore (MAS) said it would maintain the slope of the S$ Nominal Effective Exchange Rate Index (S$NEER) and that there would be no change to the width or level at which it was centred. The central bank said global economic growth since its previous monetary policy statement in April had been more resilient than