Forex Flash: MAS to release policy statement in mid April – ANZ

FXstreet.com (Barcelona) - According to FX Strategist Khoon Goh at ANZ, “We expect the Monetary Authority of Singapore (MAS) to release its Monetary Policy Statement (MPS) on Friday 12 April.” The MAS is yet to confirm the date, but in accordance with past practice, we expect the MPS date to coincide with the release of the advanced GDP estimate.

In accordance with the Department of Statistics, the Q1 advanced GDP estimate will be released no later than mid-April, and the past few releases have occurred on the second Friday of the month, making 12 April the most likely date. Confirmation from MAS is expected next week.