David Simmonds
![David Simmonds](/assets/img/authors/unknown.jpg)
David Simmonds
band given level locking means recent singapore weaker
They (the MAS) have reset the mid-point of the band to today's level of the NEER and given we were in the weaker end of the band that means they are locking in some of the Singapore dollar's recent weakness.
adjustment existing policy technical
It is technical adjustment to existing policy, not another policy change.