金管局进一步收紧货币政策金融管理局进一步收紧货币政策。

金管局宣布，把新元名义有效汇率的轴心调高到目前的水平，但可波动范围和斜度将维持不变。

当局表示，这是为了缓解通货膨胀压力，确保中期物价稳定。https://ibit.ly/55rJ




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该帖荣获当日十大第5，奖励楼主10分以及15华新币，时间：2022-07-14 22:00:21。[功夫熊猫 (7-14 8:39, Long ago)] [ 传统版 | sForum ][登录后回复]1楼

金管局意外收紧政策, 新元应声上涨（早报讯）新加坡金融管理局在周期外收紧货币政策，新元星期四（7月14日）早上应声上涨。

截至9时35分，美元兑新元汇率下跌0.63%，报1美元兑1.3960新元。星期三美元兑新元汇率一度达到1.4092。不过新元兑美元今年来仍走软约3%。

欧元兑新元汇率跌超过2%，从1.4170左右跌至1.3980。


https://www.zaobao.com.sg/realtime/singapore/story20220714-1292669
[青锋明 (7-14 10:46, Long ago)] [ 传统版 | sForum ][登录后回复]2楼

正好在学习，回复一下也好做个记录How is MAS’ monetary policy implemented?
The Monetary and Domestic Markets Management Department (MDD) of MAS is responsible for monetary policy implementation.
This means ensuring that the Singapore Dollar Nominal Effective Exchange Rate (S$NEER)—which is MAS’ intermediate target of monetary policy—is kept within the boundaries of the policy band.
MDD’s primary tool for managing the S$NEER is intervention operations in the spot foreign exchange (FX) market.
MDD conducts FX intervention operations involving the sale or purchase of US$ against the S$ to ensure that the S$NEER is kept within the policy band, and is consistent with domestic price stability. S$-US$ intervention is the preferred operation since this is by far the most liquid S$ currency pair traded.
MAS’ intervention operations are thus akin to interest rate-targeting central banks’ monetary policy operations. Instead of using money market operations to achieve a targeted policy rate, MDD uses FX intervention operations to ensure that the S$NEER stays within the policy band.
Under both exchange rate and interest rate regimes, monetary policy operations lead to changes in the central bank’s balance sheet. For example, the selling of US$ to strengthen the S$NEER will have the effect of reducing OFR on the asset side of MAS’ balance sheet, which is matched by a reduction in banks’ cash balances with the MAS on the liabilities side.
This is akin to a central bank that targets a higher interest rate by selling domestic currency-denominated securities and thereby reducing the asset side of its balance sheet, matched by a reduction in banks’ cash balances with the central bank on the liabilities side. In the process of monetary policy implementation, MAS accumulates or expends Official Foreign Reserves (OFR) leading to changes in the size of MAS’ balance sheet.
https://www.mas.gov.sg/statistics/reserve-statistics/official-foreign-reserves
　Jul 2022


[scsbgang (7-14 18:29, Long ago)] [ 传统版 | sForum ][登录后回复]3楼

(引用 青锋明:金管局意外收紧政策, 新元应声上涨（早报讯）新加坡金融管理局在周期外收紧货币政策，新元星期四（7月14日）早上应声上涨。 截至9时35分...)啥时候能重回4.9左右，不久前错过了换人民币的时机，太后悔了[jomlearn05 (7-18 8:13, Long ago)] [ 传统版 | sForum ][登录后回复]4楼