Exchange Rate Policy at the Monetary Authority of Singapore, Chinese Version Case Solution
Thein-charge of the nation's monetary policy, and its choices are meant to support the nation's entire strategy for sustainable economic growth with price stability and this entity is known as Monetary Authority of Singapore (MAS). MAS has been quite successful in handling exchange rates using a managed float system, which providesextraflexibility than a fixed exchange rate but less volatility than floating exchange rates. Following the Asian financial crisis, Dr. Khor Hoe Ee and his co-workers must determine whether to continue to handle exchange rates through the managed float or whether alternate monetary policies would be more successful in supporting Singapore's economic targets.
This is just an excerpt. This case is about FINANCE & ACCOUNTING
PUBLICATION DATE: January 06, 2004