This is a Singapore news story, published by CNBC, that relates primarily to The Monetary Authority of Singapore news.
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nominal effective exchange rateCNBC
•Business
Business & Economics
90% Informative
Singapore eased its monetary policy for the second straight time as the city-state posted a lower-than-expected GDP growth of 3.8% for the first quarter .
The Monetary Authority of Singapore had eased its policy stance in its January meeting too, loosening policy.
The central bank strengthens or weakens its currency against a basket of its main trading partners, thus effectively setting the S$NEER .
VR Score
96
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97
Neutral language
85
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formal
Language
English
Language complexity
49
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not hateful
Attention-grabbing headline
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Known propaganda techniques
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Time-value
short-lived
External references
3
Source diversity
2
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