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.
GDP growth slows to 3.4% in Q1, central bank warns of headwinds
Singapore's economy is recovering from the pandemic, but inflation has now become a concern. © Reuters
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.