The Monetary Authority of Singapore (MAS) will publish details of its net purchases of FX from its intervention operations from 1 July 2019 to 31 December 2019, on 9 April, instead of July 2020.
«The date of disclosure has been brought forward to provide more timely information to the market, and align with MAS’ monetary policy cycle,» said the regulator in a statement on Tuesday.
The data, which comprises MAS’ net purchases of FX from its intervention operations on a six-month aggregated basis, and with a three-month lag from the end of the period, will henceforth be released on a biannual basis, on the first business day of April and October under its «Statistics» section.
The disclosure helps the market understand the actions MAS has undertaken to implement its monetary policy stance, while preserving MAS’ operational effectiveness, the regulator said.
