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Video: Asia Market Focus: Singapore Surprise, FX policy changes
The affects of the weakening US dollar has kept all central banks on edge as they try to keep the lid on their own currencies, and Asia has taken much of the spotlight. With the much publicized intervention by the Bank of Japan, calls from the US FED of China's currency manipulation. Now a surprise action from the Monetary Authority of Singapore adjusting their FX policy.
Andrew Robinson discusses the insights behind this move.
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05:42 minutes
Tags: forex, mas, monetaryauthorityofsingapore, reutersforex, singaporedollar
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