Forex Fridays: The MAS' Recent Tightening Move and Recent Yuan & Yen Weakness

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A week after the Monetary Authority of Singapore enacted a one-two punch in raising the slope of the SGD's NEER rate and its midpoint, how effective will this be in helping head off inflationary pressures in Singapore? And will potential strength be blunted if other central banks also tighten their monetary policy settings? Jeff Ng, Senior Currency Analyst at MUFG, joined us on Forex Fridays to talk about how this is shaping their outlook on the Singapore Dollar, and also what he makes of recent weakness facing the Chinese Yuan and the Japanese Yen.

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