Singapore central bank official
- says since April the Singapore dollar NEER has fluctuated close to the mid-point of the policy band
- monetary policy stance remains appropriate including and forestalling a deepening of disinflationary pressures
Singapore trade minister
- says second quarter economic contraction was worst quarterly performance on record
- says GDP forecast for 2020 means growth generated over the past 2-3 years will be negated
- says economic recovery "will be some time yet"
