SINGAPORE -- Singapore's central bank loosened its monetary policy on Friday, its first such move in more than four years.
Loosening comes as inflation weakens, outlook clouded by Trump presidency
Singapore's monetary policy is centered on exchange rates, allowing the local dollar to rise or fall against the currencies of major trading partners to stabilize prices. © Reuters
SINGAPORE -- Singapore's central bank loosened its monetary policy on Friday, its first such move in more than four years.