SlideShare a Scribd company logo
1 of 24
Case Study I. Emily Barr and Danny Purvis Exchange Rate Policy at the  Monetary Authority of Singapore
Basic Information ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Exchange Rate Systems ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Trends in Exchange Rate Systems ,[object Object],[object Object],[object Object],[object Object],[object Object]
History  of Singapore’s Foreign Exchange Policy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Current Exchange Rate System:  Managed Float  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Since 1981, Singapore has focused on management of the Exchange Rate
Monetary Authority of Singapore  (MAS) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The “Unholy Trinity”
The “Unholy Trinity” ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The “Unholy Trinity”:  Singapore’s Trade-Off ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Nominal Exchange Rates ,[object Object],[object Object],The Difference Between Real and Nominal Exchange Rates
Real Exchange Rates ,[object Object],[object Object],The Difference Between Real and Nominal Exchange Rates
Singapore’s Exchange Rates  Prior to 2001 ,[object Object],[object Object],[object Object]
How  Pegged Currencies  Led to the  Asian Financial Crisis  (1997-98) ,[object Object],[object Object]
[object Object],[object Object],[object Object],How  Pegged Currencies  Led to the Asian Financial Crisis  continued
Overall Impact:  The Financial Crisis and Asian Countries ,[object Object],[object Object],[object Object]
Asian Financial Crisis:  The Impact on Singapore ,[object Object],[object Object],[object Object]
Singapore vs. Thailand :  The Varying Affects of the Crisis ,[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],Singapore vs. Thailand :  The Varying Effects from the Crisis continued
Recovery  from the Financial Crisis ,[object Object],[object Object],[object Object]
Recommendation ,[object Object],[object Object],[object Object],[object Object],[object Object]
Recommendation  continued ,[object Object],[object Object],[object Object],[object Object],[object Object]
Recommendation  continued   ,[object Object],[object Object],[object Object],[object Object],[object Object]
Thank You!

More Related Content

What's hot

Solution chemalite
Solution chemaliteSolution chemalite
Solution chemalitealdo
 
Toys R Us goes to Japan
Toys R Us goes to JapanToys R Us goes to Japan
Toys R Us goes to Japan0710225
 
Anshu amazon fresh case study
Anshu amazon fresh case studyAnshu amazon fresh case study
Anshu amazon fresh case studyAnsh Singh
 
Dell's Working Capital
Dell's Working CapitalDell's Working Capital
Dell's Working CapitalRohit Patidar
 
Da = merrimack tractors -_analysis
Da = merrimack tractors -_analysisDa = merrimack tractors -_analysis
Da = merrimack tractors -_analysisRajendra Inani
 
Case study kulicke and soffa industries inc - group 4
Case study   kulicke and soffa industries inc - group 4Case study   kulicke and soffa industries inc - group 4
Case study kulicke and soffa industries inc - group 4Piyush Sogra
 
2. fundamentals of global strategy 2014 2 st
2. fundamentals of global strategy 2014 2 st2. fundamentals of global strategy 2014 2 st
2. fundamentals of global strategy 2014 2 stAlejandra Pasqualotto
 
Case Study "The De Beers Group - Exploring the Diamond Reselling Opportunity"
Case Study "The De Beers Group - Exploring the Diamond Reselling Opportunity"Case Study "The De Beers Group - Exploring the Diamond Reselling Opportunity"
Case Study "The De Beers Group - Exploring the Diamond Reselling Opportunity"Clemens Jungmair
 
Samsung global marketing operations
Samsung global marketing operationsSamsung global marketing operations
Samsung global marketing operationsMithisar Basumatary
 
Dividend Decisions By Reliance Industries
Dividend Decisions By Reliance IndustriesDividend Decisions By Reliance Industries
Dividend Decisions By Reliance IndustriesAkshay69Bhatia
 
The Case Analysis: Benihana of Tokyo
The Case Analysis: Benihana of TokyoThe Case Analysis: Benihana of Tokyo
The Case Analysis: Benihana of TokyoLuqman Praditio
 
RIN - To Position or Re-Position
RIN - To Position or Re-PositionRIN - To Position or Re-Position
RIN - To Position or Re-PositionAnkur Raina
 
Merger & acquisition, Hindalco Novelis
Merger & acquisition, Hindalco NovelisMerger & acquisition, Hindalco Novelis
Merger & acquisition, Hindalco NovelisGagan Pareek, PMP
 
Mystic Monk Coffee case
Mystic Monk Coffee caseMystic Monk Coffee case
Mystic Monk Coffee caseNusrat Zahan
 
Wal-Mart Stores’ Discount operations
Wal-Mart Stores’ Discount operationsWal-Mart Stores’ Discount operations
Wal-Mart Stores’ Discount operationsAJAL A J
 
Manzana insurance case study analysis.
Manzana insurance case study analysis.Manzana insurance case study analysis.
Manzana insurance case study analysis.Abanta Kumar Majumdar
 
Yell - A cross border acquisition
Yell - A cross border acquisitionYell - A cross border acquisition
Yell - A cross border acquisitionEleonora Martignoni
 

What's hot (20)

Solution chemalite
Solution chemaliteSolution chemalite
Solution chemalite
 
Toys R Us goes to Japan
Toys R Us goes to JapanToys R Us goes to Japan
Toys R Us goes to Japan
 
Anshu amazon fresh case study
Anshu amazon fresh case studyAnshu amazon fresh case study
Anshu amazon fresh case study
 
Dell's Working Capital
Dell's Working CapitalDell's Working Capital
Dell's Working Capital
 
Da = merrimack tractors -_analysis
Da = merrimack tractors -_analysisDa = merrimack tractors -_analysis
Da = merrimack tractors -_analysis
 
Case study kulicke and soffa industries inc - group 4
Case study   kulicke and soffa industries inc - group 4Case study   kulicke and soffa industries inc - group 4
Case study kulicke and soffa industries inc - group 4
 
2. fundamentals of global strategy 2014 2 st
2. fundamentals of global strategy 2014 2 st2. fundamentals of global strategy 2014 2 st
2. fundamentals of global strategy 2014 2 st
 
Biopure
BiopureBiopure
Biopure
 
Case Study "The De Beers Group - Exploring the Diamond Reselling Opportunity"
Case Study "The De Beers Group - Exploring the Diamond Reselling Opportunity"Case Study "The De Beers Group - Exploring the Diamond Reselling Opportunity"
Case Study "The De Beers Group - Exploring the Diamond Reselling Opportunity"
 
Hard Rock
Hard RockHard Rock
Hard Rock
 
Samsung global marketing operations
Samsung global marketing operationsSamsung global marketing operations
Samsung global marketing operations
 
Dividend Decisions By Reliance Industries
Dividend Decisions By Reliance IndustriesDividend Decisions By Reliance Industries
Dividend Decisions By Reliance Industries
 
The Case Analysis: Benihana of Tokyo
The Case Analysis: Benihana of TokyoThe Case Analysis: Benihana of Tokyo
The Case Analysis: Benihana of Tokyo
 
RIN - To Position or Re-Position
RIN - To Position or Re-PositionRIN - To Position or Re-Position
RIN - To Position or Re-Position
 
Merger & acquisition, Hindalco Novelis
Merger & acquisition, Hindalco NovelisMerger & acquisition, Hindalco Novelis
Merger & acquisition, Hindalco Novelis
 
Trader Joe's HBS Case Analysis 12.2016
Trader Joe's HBS Case Analysis 12.2016Trader Joe's HBS Case Analysis 12.2016
Trader Joe's HBS Case Analysis 12.2016
 
Mystic Monk Coffee case
Mystic Monk Coffee caseMystic Monk Coffee case
Mystic Monk Coffee case
 
Wal-Mart Stores’ Discount operations
Wal-Mart Stores’ Discount operationsWal-Mart Stores’ Discount operations
Wal-Mart Stores’ Discount operations
 
Manzana insurance case study analysis.
Manzana insurance case study analysis.Manzana insurance case study analysis.
Manzana insurance case study analysis.
 
Yell - A cross border acquisition
Yell - A cross border acquisitionYell - A cross border acquisition
Yell - A cross border acquisition
 

Viewers also liked

ITW Analyst Report
ITW Analyst ReportITW Analyst Report
ITW Analyst Reportecbarr
 
Trans pacific strategic economic partnership agreement - Singapore
Trans pacific strategic economic partnership agreement - SingaporeTrans pacific strategic economic partnership agreement - Singapore
Trans pacific strategic economic partnership agreement - SingaporeNouman Khan
 
The 2016 election american foreign and economic policy views
The 2016 election american foreign and economic policy viewsThe 2016 election american foreign and economic policy views
The 2016 election american foreign and economic policy viewsPew Research Center
 
Remaking Singapore Case Study
Remaking Singapore Case StudyRemaking Singapore Case Study
Remaking Singapore Case StudyMahammad Khadafi
 
Transportation Risk Management in Modern Times by ASSE
Transportation Risk Management in Modern Times by ASSETransportation Risk Management in Modern Times by ASSE
Transportation Risk Management in Modern Times by ASSEAtlantic Training, LLC.
 
RV 2014: Urban Circulator Roundtable: Shaping Cities one Challenge at a Time ...
RV 2014: Urban Circulator Roundtable: Shaping Cities one Challenge at a Time ...RV 2014: Urban Circulator Roundtable: Shaping Cities one Challenge at a Time ...
RV 2014: Urban Circulator Roundtable: Shaping Cities one Challenge at a Time ...Rail~Volution
 
Central Bank,Mas
Central Bank,MasCentral Bank,Mas
Central Bank,MasAnas ali
 
Failure of Abortion Industry Economic Policies Part One
Failure of Abortion Industry Economic Policies Part OneFailure of Abortion Industry Economic Policies Part One
Failure of Abortion Industry Economic Policies Part Onetychicus12
 
Baseride Technologies - solutions for smart transportation & logistics
Baseride Technologies - solutions for smart transportation & logisticsBaseride Technologies - solutions for smart transportation & logistics
Baseride Technologies - solutions for smart transportation & logisticsEvgeni
 
Presentation to STB
Presentation to STBPresentation to STB
Presentation to STBVictoria Koo
 
Land Use Zoning Local Policies to Promote Economic Development
Land Use Zoning Local Policies to Promote Economic DevelopmentLand Use Zoning Local Policies to Promote Economic Development
Land Use Zoning Local Policies to Promote Economic DevelopmentBest Best and Krieger LLP
 
Government and Economic Policies – China – June 17, 2016
Government and Economic Policies – China – June 17, 2016Government and Economic Policies – China – June 17, 2016
Government and Economic Policies – China – June 17, 2016paul young cpa, cga
 
Brown-Forman CFA Research Challenge
Brown-Forman CFA Research ChallengeBrown-Forman CFA Research Challenge
Brown-Forman CFA Research Challengeecbarr
 
DSW Servicescapes
DSW ServicescapesDSW Servicescapes
DSW Servicescapesecbarr
 
Evaluating Supply-Side Policies
Evaluating Supply-Side PoliciesEvaluating Supply-Side Policies
Evaluating Supply-Side Policiestutor2u
 
Тимур Зулкаранаев, SMM-менеджер Промсвязьбанка. Социальный банкинг рушит гран...
Тимур Зулкаранаев, SMM-менеджер Промсвязьбанка. Социальный банкинг рушит гран...Тимур Зулкаранаев, SMM-менеджер Промсвязьбанка. Социальный банкинг рушит гран...
Тимур Зулкаранаев, SMM-менеджер Промсвязьбанка. Социальный банкинг рушит гран...Evgeni
 
Studying the culture of Singapore
Studying the culture of SingaporeStudying the culture of Singapore
Studying the culture of SingaporeJawwad Jaskani
 
Economic Environment - International Business - Manu Melwin Joy
Economic Environment - International Business - Manu Melwin JoyEconomic Environment - International Business - Manu Melwin Joy
Economic Environment - International Business - Manu Melwin Joymanumelwin
 

Viewers also liked (20)

ITW Analyst Report
ITW Analyst ReportITW Analyst Report
ITW Analyst Report
 
Trans pacific strategic economic partnership agreement - Singapore
Trans pacific strategic economic partnership agreement - SingaporeTrans pacific strategic economic partnership agreement - Singapore
Trans pacific strategic economic partnership agreement - Singapore
 
The 2016 election american foreign and economic policy views
The 2016 election american foreign and economic policy viewsThe 2016 election american foreign and economic policy views
The 2016 election american foreign and economic policy views
 
Remaking Singapore Case Study
Remaking Singapore Case StudyRemaking Singapore Case Study
Remaking Singapore Case Study
 
Transportation Risk Management in Modern Times by ASSE
Transportation Risk Management in Modern Times by ASSETransportation Risk Management in Modern Times by ASSE
Transportation Risk Management in Modern Times by ASSE
 
RV 2014: Urban Circulator Roundtable: Shaping Cities one Challenge at a Time ...
RV 2014: Urban Circulator Roundtable: Shaping Cities one Challenge at a Time ...RV 2014: Urban Circulator Roundtable: Shaping Cities one Challenge at a Time ...
RV 2014: Urban Circulator Roundtable: Shaping Cities one Challenge at a Time ...
 
Central Bank,Mas
Central Bank,MasCentral Bank,Mas
Central Bank,Mas
 
Failure of Abortion Industry Economic Policies Part One
Failure of Abortion Industry Economic Policies Part OneFailure of Abortion Industry Economic Policies Part One
Failure of Abortion Industry Economic Policies Part One
 
Baseride Technologies - solutions for smart transportation & logistics
Baseride Technologies - solutions for smart transportation & logisticsBaseride Technologies - solutions for smart transportation & logistics
Baseride Technologies - solutions for smart transportation & logistics
 
2005 1d
2005 1d2005 1d
2005 1d
 
Presentation to STB
Presentation to STBPresentation to STB
Presentation to STB
 
Land Use Zoning Local Policies to Promote Economic Development
Land Use Zoning Local Policies to Promote Economic DevelopmentLand Use Zoning Local Policies to Promote Economic Development
Land Use Zoning Local Policies to Promote Economic Development
 
Government and Economic Policies – China – June 17, 2016
Government and Economic Policies – China – June 17, 2016Government and Economic Policies – China – June 17, 2016
Government and Economic Policies – China – June 17, 2016
 
Brown-Forman CFA Research Challenge
Brown-Forman CFA Research ChallengeBrown-Forman CFA Research Challenge
Brown-Forman CFA Research Challenge
 
DSW Servicescapes
DSW ServicescapesDSW Servicescapes
DSW Servicescapes
 
La diabetes
La diabetesLa diabetes
La diabetes
 
Evaluating Supply-Side Policies
Evaluating Supply-Side PoliciesEvaluating Supply-Side Policies
Evaluating Supply-Side Policies
 
Тимур Зулкаранаев, SMM-менеджер Промсвязьбанка. Социальный банкинг рушит гран...
Тимур Зулкаранаев, SMM-менеджер Промсвязьбанка. Социальный банкинг рушит гран...Тимур Зулкаранаев, SMM-менеджер Промсвязьбанка. Социальный банкинг рушит гран...
Тимур Зулкаранаев, SMM-менеджер Промсвязьбанка. Социальный банкинг рушит гран...
 
Studying the culture of Singapore
Studying the culture of SingaporeStudying the culture of Singapore
Studying the culture of Singapore
 
Economic Environment - International Business - Manu Melwin Joy
Economic Environment - International Business - Manu Melwin JoyEconomic Environment - International Business - Manu Melwin Joy
Economic Environment - International Business - Manu Melwin Joy
 

Similar to Singapore Foreign Exchange Policy

Government intervention and exchange rate determination
Government intervention and exchange rate determinationGovernment intervention and exchange rate determination
Government intervention and exchange rate determinationHimani Gupta
 
Fixed or Float or Bend or Anything Else (Nov 08 2015)
Fixed or Float or Bend or Anything Else (Nov 08 2015)Fixed or Float or Bend or Anything Else (Nov 08 2015)
Fixed or Float or Bend or Anything Else (Nov 08 2015)Samsen Neak
 
Evaluating The Merits And Demerits Of Fixed And Floating...
Evaluating The Merits And Demerits Of Fixed And Floating...Evaluating The Merits And Demerits Of Fixed And Floating...
Evaluating The Merits And Demerits Of Fixed And Floating...Angela Williams
 
Financial Markets In Singapore
Financial Markets In SingaporeFinancial Markets In Singapore
Financial Markets In SingaporeAjay Panandikar
 
State Bank of Pakidtan-Monetary Policy
State Bank of Pakidtan-Monetary PolicyState Bank of Pakidtan-Monetary Policy
State Bank of Pakidtan-Monetary PolicySalma Bashir
 
Exchange Rate Mechanism.pptx
Exchange Rate Mechanism.pptxExchange Rate Mechanism.pptx
Exchange Rate Mechanism.pptxRajendraBambade
 
INTERNATIONAL BUSINESS - UNIT 3.pptx
INTERNATIONAL BUSINESS - UNIT 3.pptxINTERNATIONAL BUSINESS - UNIT 3.pptx
INTERNATIONAL BUSINESS - UNIT 3.pptxENOCK13
 
exchange rate volatility
exchange rate volatilityexchange rate volatility
exchange rate volatilityRahul Jain
 
TESTING the VALIDITY OF MARSHALL
TESTING the VALIDITY OF MARSHALLTESTING the VALIDITY OF MARSHALL
TESTING the VALIDITY OF MARSHALLBernabas Fekadu
 
International monetary system and foreign exchange
International monetary system and foreign exchangeInternational monetary system and foreign exchange
International monetary system and foreign exchangeNeha Suman
 
Econs powerpoint 2
Econs powerpoint 2Econs powerpoint 2
Econs powerpoint 2May Aung
 
Introduction to international finance and International economy
Introduction to international finance and International economyIntroduction to international finance and International economy
Introduction to international finance and International economyAparrajithaAriyadasa
 
Monetary Policy and Fiscal Policy.pptx
Monetary Policy and Fiscal Policy.pptxMonetary Policy and Fiscal Policy.pptx
Monetary Policy and Fiscal Policy.pptxDrNeerjaSharma
 
Import Export Procedure and Documentation Topic:- Currency Exchange Rates an...
Import Export Procedure and Documentation  Topic:- Currency Exchange Rates an...Import Export Procedure and Documentation  Topic:- Currency Exchange Rates an...
Import Export Procedure and Documentation Topic:- Currency Exchange Rates an...Ajeenkya D Y Patil
 

Similar to Singapore Foreign Exchange Policy (20)

Economics ppt project
Economics ppt projectEconomics ppt project
Economics ppt project
 
Government intervention and exchange rate determination
Government intervention and exchange rate determinationGovernment intervention and exchange rate determination
Government intervention and exchange rate determination
 
INTERNATIONAL FINANCE
INTERNATIONAL FINANCEINTERNATIONAL FINANCE
INTERNATIONAL FINANCE
 
Fixed or Float or Bend or Anything Else (Nov 08 2015)
Fixed or Float or Bend or Anything Else (Nov 08 2015)Fixed or Float or Bend or Anything Else (Nov 08 2015)
Fixed or Float or Bend or Anything Else (Nov 08 2015)
 
Evaluating The Merits And Demerits Of Fixed And Floating...
Evaluating The Merits And Demerits Of Fixed And Floating...Evaluating The Merits And Demerits Of Fixed And Floating...
Evaluating The Merits And Demerits Of Fixed And Floating...
 
Financial Markets In Singapore
Financial Markets In SingaporeFinancial Markets In Singapore
Financial Markets In Singapore
 
State Bank of Pakidtan-Monetary Policy
State Bank of Pakidtan-Monetary PolicyState Bank of Pakidtan-Monetary Policy
State Bank of Pakidtan-Monetary Policy
 
Exchange Rate Mechanism.pptx
Exchange Rate Mechanism.pptxExchange Rate Mechanism.pptx
Exchange Rate Mechanism.pptx
 
INTERNATIONAL BUSINESS - UNIT 3.pptx
INTERNATIONAL BUSINESS - UNIT 3.pptxINTERNATIONAL BUSINESS - UNIT 3.pptx
INTERNATIONAL BUSINESS - UNIT 3.pptx
 
exchange rate volatility
exchange rate volatilityexchange rate volatility
exchange rate volatility
 
Do Exchange Rate and Inflation Matters to Nigerian Economy? New Evidence from...
Do Exchange Rate and Inflation Matters to Nigerian Economy? New Evidence from...Do Exchange Rate and Inflation Matters to Nigerian Economy? New Evidence from...
Do Exchange Rate and Inflation Matters to Nigerian Economy? New Evidence from...
 
TESTING the VALIDITY OF MARSHALL
TESTING the VALIDITY OF MARSHALLTESTING the VALIDITY OF MARSHALL
TESTING the VALIDITY OF MARSHALL
 
International monetary system and foreign exchange
International monetary system and foreign exchangeInternational monetary system and foreign exchange
International monetary system and foreign exchange
 
Econs powerpoint 2
Econs powerpoint 2Econs powerpoint 2
Econs powerpoint 2
 
Monetary policy
Monetary policyMonetary policy
Monetary policy
 
Exchange Rate
Exchange RateExchange Rate
Exchange Rate
 
Introduction to international finance and International economy
Introduction to international finance and International economyIntroduction to international finance and International economy
Introduction to international finance and International economy
 
DEPRECIATION OF RUPEE
DEPRECIATION OF RUPEEDEPRECIATION OF RUPEE
DEPRECIATION OF RUPEE
 
Monetary Policy and Fiscal Policy.pptx
Monetary Policy and Fiscal Policy.pptxMonetary Policy and Fiscal Policy.pptx
Monetary Policy and Fiscal Policy.pptx
 
Import Export Procedure and Documentation Topic:- Currency Exchange Rates an...
Import Export Procedure and Documentation  Topic:- Currency Exchange Rates an...Import Export Procedure and Documentation  Topic:- Currency Exchange Rates an...
Import Export Procedure and Documentation Topic:- Currency Exchange Rates an...
 

Singapore Foreign Exchange Policy