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Economics Tuition: Explain how the Monetary Authority of Singapore uses the managed-float exchange rate system to regulate the exchange rate

Economics Tuition: Explain how the Monetary Authority of Singapore uses the managed-float exchange rate system to regulate the exchange rate

by Oct 8, 2015 Economics Tuition, Foreign Exchange, JC Economics Notes, Macroeconomics 0 comments

The Monetary Authority of Singapore (MAS) adopts a managed-float exchange rate system, which requires direct government intervention in the foreign exchange market through the direct buying and selling of the Singapore Dollars and foreign currencies. The MAS will set...