Singapore central bank monetary policy announcement via ForexLive

Monetary Authority of Singapore statement on monetary policy: (bolding mine) MAS will therefore continue with the policy of a modest and gradual appreciation of the S$NEER policy band.  However, the .  There will be .  This measured adjustment follows the move to reduce the rate of appreciation of the policy band in January this year, and is supportive of economic growth into 2016, while ensuring price stability over the medium term. A slight easing of policy from the MAS