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An exchange-rate-centred monetary policy system: …

An exchange-rate-centred monetary policy system:

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explicit presence is required to calm the market, or to deter excessive speculation, MAS may reveal its operations. For accountability, the details of foreign exchange intervention operations are reported fortnightly to the Monetary and Investment Policy Meeting, the equivalent of other central banks’ Monetary Policy Committees.

  Policy, System, Rates, Exchange, Monetary, Excessive, Centred, Speculation, Exchange rate centred monetary policy system, Excessive speculation

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