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Article: Singapore dollar not to be affected by Renminbi exchange rate reforms: MAS
- Article from:
- Xinhua News Agency
- Article date:
- July 21, 2005
CopyrightCopyright 2005 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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Singapore dollar not to be affected by Renminbi exchange rate
reforms: MAS
SINGAPORE, July 21 (Xinhua) -- The reforms of China's Renminbi
exchange rate regime will not affect the Singapore dollar, announced
the Monetary Authority of Singapore (MAS) Thursday.
"The announced changes to the Renminbi will not have a major
impact on the Singapore dollar or on our exchange rate regime," said
a statement by MAS, the country's central ...