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MONETARY POLICY OPERATIONS - Monetary Authority of ...
0 MONETARY POLICY OPERATIONS in Singapore MONETARY POLICY OPERATIONS IN SINGAPORE MONETARY Authority of Singapore March 2013 MONETARY POLICY OPERATIONS in Singapore 1 MONETARY POLICY OPERATIONS IN SINGAPORE CONTENTS PAGE 1. Introduction 2 2. Implementation of Exchange Rate-Based MONETARY POLICY MONETARY POLICY Implementation Cycle 4 4 3. Managing Liquidity in Singapore s Banking System 8 Demand for Funds 8 Money Market Factors 10 Money Market OPERATIONS 12 Intraday Liquidity Facility 18 Standing Facility 18 MONETARY and Domestic Markets Management Department MONETARY Authority of Singapore March 2013 2 MONETARY POLICY OPERATIONS in Singapore 1 INTRODUCTION The MONETARY Authority of Singa
2 Monetary Policy Operations in Singapore 1 INTRODUCTION 1.1 The Monetary Authority of Singapore (MAS) is the central bank of Singapore and carries out a …
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