Monetary Authority of Singapore official says monetary policy remains appropriate

MAS is the central bank in Singapore - comments from an official following the GDP data earlier today:

• Singapore data: Q3 GDP +9.2% q/q, still down y/y

SG is maintaining an easy monetary policy to support the economy through the pandemic, as are other central banks. Unlike other central banks though the MAS codncut policy via the SGD exchange rate targeting rather than interest rates.