Reits and Trust continue to attract interest when the Monetary Authority of Singapore has decided to leave its monetary policy unchanged, caught many analysts by surprise. Many had expected MAS to ease the Singapore dollar’s pace of appreciation against, but the central bank says its policy stance has been “assessed to be appropriate in containing inflationary pressures”. Inflation is expected to be around 3.5–4.5% next year, from an estimated 4.5% this year.
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