Arrow Artboard Created with Sketch. Artboard Created with Sketch. Title Chevron Title Chevron Icon Facebook Icon Linkedin Icon Mail Contact Path Layer Icon Mail Positive Arrow Icon Print Economy Asian central banks move toward policy normalization Strong economies and Fed hikes provide nudge, but US-China friction looms Singapore's central bank said in a statement on April 13 that exports will continue to drive growth.
TAKASHI NAKANO, Nikkei staff writer April 13, 2018 19:57 JST | South Korea
SINGAPORE -- Central banks in Asia are moving toward normalizing their monetary policies, as they believe that their economies will keep growing strongly for some time.
The shift also stems from concerns that rising U.S. interest rates will make their currencies less attractive and lead to capital outflows.
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