Singapore tightens monetary policy as Ukraine war fuels inflation

GDP growth slows to 3.4% in Q1, central bank warns of headwinds

20220413 sg skyline

Singapore's economy is recovering from the pandemic, but inflation has now become a concern. © Reuters

TSUBASA SURUGA and DYLAN LOH, Nikkei staff writers

TOKYO/SINGAPORE -- The central bank of Singapore tightened monetary policy on Thursday for the third time in as many meetings, as inflationary pressure rises under the shadow of Russia's invasion of Ukraine.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.