I received an email from Chuin Ting, CEO of MoneyOwl a few days ago.

It was an internal education sharing by their head of Corporate Business, David Yap on how we should look at MAS upcoming monetary policy posture. Before coming to MoneyOwl, David used to work in the trading of market instruments and foreign exchange in large international banks.

I always know that unlike many countries, we manage monetary policy through our currency rather than the interest rate. However, I did not pay attention to how it is actually done.

Until I saw David’s explanation. He eventually re-penned his thoughts here: Technical Note: Understanding The Upcoming MAS Monetary Policy Statement On The Singapore Dollar

If readers are not too aware of the S$NEER, I hope this short education piece would be useful to you.

Next time, when you come across a Business Times or Straits Times