Friday 15 July 2022

Jamus Lim takes credit for MAS' strengthening of the Singapore dollar



Harsh words but very true.
It is the forex market forces at work and MAS' tightening move is in response to the strength of the USD and not as per Jamus' theoretical and hypothetical suggestion.
Does Jamus really think that MAS' move was in response to his suggestion in Parliament? He must be really naive.

 

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