FW: [Maybank] (Re-send) SGD – Time To Normalise Policy

 

 

GBL: (Re-send) SGD – Time To Normalise Policy FX Insight by Saktiandi Supaat FX Research MAS will release its monetary policy statement on 13 Oct. The balance of risks appears to be biased towards inflation and maintaining the neutral policy for periods longer than necessary could exacerbate inflationary pressures. We therefore look for the MAS to normalise policy with a shift to a "slight appreciation bias" in Oct. Tightening by MAS should be positive for the SGD, especially given that market is underpricing an adjustment by MAS ... Saktiandi Supaat    (65) 6320 1379    saktiandi@maybank.com.sg Leslie Tang    (65) 6320 1378    leslietang@maybank.com.sg Disclaimer This message is intended only for the use of the person to whom it is expressly addressed and may contain information that is confidential and legally privileged. If you are not the intended recipient, you are hereby notified that any use, reliance on, reference to, review, disclosure or copying of the message and the information it contains for any purpose is prohibited. If you have received this message in error, please notify the sender by return e-mail immediately and delete all its contents. If you wish to read Disclaimer in details, please click HERE. To unsubscribe or change preference settings, please click here to contact your representative.