12 Oct '12, 1am

Singapore Forgoes Currency Stimulus on Inflation Risk: Economy - Businessweek: AsiaOneSingapore Forgoes Currency...

Singapore unexpectedly refrained from monetary stimulus, spurring gains in the region’s best- performing currency as inflation risks trump worries over a shrinking economy. Gross domestic product fell an annualized 1.5 percent in the three months through September from the previous quarter, when it expanded a revised 0.2 percent, the Trade Ministry said today. The median estimate of 16 economists in a Bloomberg News survey was for a 1.6 percent decline. The central bank, which uses the currency to manage inflation, said it will maintain a modest and gradual appreciation of the local dollar. Singapore joins Asian nations from China to India in limiting monetary stimulus as they guard against price risks even as fiscal austerity in the euro area weighs on the world economy. The island’s dollar rose to the strongest level since Sept. 17 after the central bank said inflation w...

Full article: http://www.businessweek.com/news/2012-10-11/singapore-s-g...

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bloomberg.com 12 Oct '12, 12am

You need to enable Javascript to play media on Bloomberg.com Play Singapore Refrains From Easing as Economy Shrinks Singap...

Singapore Says It Will Allow Appreciation of Currency: The Singapore dollar advanced today as the government sur...

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topforexnews.com 12 Oct '12, 1pm

The Singapore dollar advanced today as the government surprised traders, saying that it will allow the currency to gain. T...

Singapore economy contracts 1.5%: Singapore's e...

bbc.co.uk 12 Oct '12, 5am

12 October 2012 Last updated at 05:15 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print S...

Singapore economy contracts 1.5%

bbc.co.uk 12 Oct '12, 5am

12 October 2012 Last updated at 05:15 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print S...

Singapore economy shrinks but avoids recession

gmanetwork.com 12 Oct '12, 3am

— Singapore's economy shrank by 1.5 percent in the third quarter but avoided a technical recession after growth in the pre...

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rappler.com 12 Oct '12, 6am

SINGAPORE - Singapore's economy shrank by 1.5% in the third quarter but avoided a technical recession after growth in the ...

Singapore economy contracts 1.5%

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bbc.co.uk 12 Oct '12, 5am

12 October 2012 Last updated at 05:15 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print S...

Singapore Averts Recession, Keeps Currency Stan...

cnbc.com 12 Oct '12, 12am

At its April policy announcement, MAS reiterated its bias for a "modest and gradual appreciation" of the Singapore dollar ...

Singapore economy shrinks but avoids recession

business.inquirer.net 12 Oct '12, 2am

Home > Business > Latest Business Stories > Singapore economy shrinks but avoids recession Singapore economy shrinks but a...

China's central bank focused on inflation before growth

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straitstimes.com 14 Oct '12, 7am

TOKYO (AFP) - China's deputy chief central banker said on Sunday his top priority was to control inflation, despite calls ...

Singapore may ease currency gain as growth slows

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bloomberg.com 10 Oct '12, 12am

The Monetary Authority of Singapore will probably slow the pace of appreciation in the local dollar as moderating price pr...

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fxstreet.com 12 Oct '12, 1am

© 2012 “FXstreet.com. The Forex Market” All Rights Reserved. Every effort is made to provide accurate and complete informa...

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