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Since 1981, the Monetary Authority of Singapore (MAS) has centred its monetary policy on the management of exchange rate.

a) Discuss the exchange rate regime adopted by the Monetary Authority of Singapore.
b) describe how the MAS has successfully used exchange rate policy to achieve price stability for the last two decades.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M941696

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