SINOPEC CORP

The Monetary Authority of Singapore tightened the slope of the Singapore dollar's nominal effective exchange rate policy band on April 14 (the first rate hike in four years) and raised its 2026 inflation forecast to 1.5–2.5%; the government launched a support plan worth nearly S$1 billion.

This is the first time the Singapore government has responded to the impact of the Middle East conflict on Singapore's economic system.

Well not surprising isn’t it that MAS did what it did. It was just the responsible thing to do with the impending uptick in inflation.

pantaleon jr tolentino Aquino