Article: Trade minister says stronger Singapore dollar policy remains appropriate

Trade minister says stronger Singapore dollar policy remains appropriate

SINGAPORE, Aug. 25 (Xinhua) -- Singapore's Trade and Industry Minister Lim Hng Kiang said Monday Singapore's current policy to allow for a stronger Singapore dollar "remains appropriate" as a way to keep inflation low and allow for sustained economic growth.

He made the remarks in parliament in response to a question on whether the Singapore government will continue to adopt a strong Singapore dollar policy in view of the weaker economic growth and export figures, local TV Channel NewsAsia reported.

He was quoted as saying that the Monetary Authority of Singapore ...

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