Singapore unexpectedly tightened monetary policy as rising oil prices increased inflation risks, while strong economic growth and AI-led exports continued to support the economy.

Unlike most central banks, the MAS manages medium-term price stability by managing the Singapore dollar exchange rate against a trade-weighted basket of currencies.

Singapore's central bank tightens monetary policy to strengthen the Singapore dollar against Iran war-induced inflation risks. Read more at straitstimes.com. Read more at…