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QUESTION
Define Monetary Policy, and discuss the operation of monetary policy in Singapore over the last 10 years.
- 2000 word essay
- points to include:
1) strength of SGD FX
2) basket of major currencies
3) how does Singapore control currency
4) S$NEER policy band
5) what did the Monetary Authority of Singapore (MAS) do during the past 10 years
6) what other methods of control does the MAS use
