Friday, 18 November 2011
0
The Malaysian Insider, 18 Nov 2011
SINGAPORE, Nov 18 ― Singapore’s central bank today warned banks of risks from relying on financial markets to back their US dollar and other foreign currency loans amid the current economic uncertainty.
The Monetary Authority of Singapore (MAS) also said in its annual financial stability review that it expects the inflation rate to drop to as low as 2.5 per cent in 2012. Full story
Singapore warns banks of fx loan risk; sees inflation easing
SINGAPORE, Nov 18 ― Singapore’s central bank today warned banks of risks from relying on financial markets to back their US dollar and other foreign currency loans amid the current economic uncertainty.
The Monetary Authority of Singapore (MAS) also said in its annual financial stability review that it expects the inflation rate to drop to as low as 2.5 per cent in 2012. Full story
Subscribe to:
Post Comments (Atom)
0 Responses to “Singapore warns banks of fx loan risk; sees inflation easing”
Post a Comment