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

The Case Analysis: Benihana of Tokyo
The Case Analysis: Benihana of TokyoThe Case Analysis: Benihana of Tokyo
The Case Analysis: Benihana of TokyoLuqman Praditio
 
Reed’s superstore case study analysis
Reed’s superstore case study analysisReed’s superstore case study analysis
Reed’s superstore case study analysisSaurabh Mhase
 
McKinsey & Company: Managing Knowledge and Learning
McKinsey & Company:  Managing Knowledge and LearningMcKinsey & Company:  Managing Knowledge and Learning
McKinsey & Company: Managing Knowledge and LearningDisha Ghoshal
 
Operations strategy at galanz
Operations strategy at galanzOperations strategy at galanz
Operations strategy at galanzGaurav Bisht
 
Pricing predicament solution tony case
Pricing predicament solution   tony casePricing predicament solution   tony case
Pricing predicament solution tony casegeetsawhney
 
Netscape IPO case study Analysis
Netscape IPO case study AnalysisNetscape IPO case study Analysis
Netscape IPO case study AnalysisTony Sebastian
 
Silvio Napoli at Schindler India-HBS Case Study
Silvio Napoli at Schindler India-HBS Case StudySilvio Napoli at Schindler India-HBS Case Study
Silvio Napoli at Schindler India-HBS Case StudyRawad Mroueh
 
Tweeter Etc. Case Analysis
Tweeter Etc. Case AnalysisTweeter Etc. Case Analysis
Tweeter Etc. Case Analysisshubhabh
 
Tanishq - Positioning to capture Indian woman’s heart - Marketing Management...
Tanishq - Positioning to capture Indian woman’s heart - Marketing Management...Tanishq - Positioning to capture Indian woman’s heart - Marketing Management...
Tanishq - Positioning to capture Indian woman’s heart - Marketing Management...Abbas Dhuliawala
 
Wildfang business model.
Wildfang business model.Wildfang business model.
Wildfang business model.Not yet
 
harrah entertainment inc - case study
harrah entertainment inc - case studyharrah entertainment inc - case study
harrah entertainment inc - case studyTushar Arora
 
BMW Z3 Roadster Launch in USA
BMW Z3 Roadster Launch in USABMW Z3 Roadster Launch in USA
BMW Z3 Roadster Launch in USAAbhishek Kapoor
 

What's hot (20)

The Case Analysis: Benihana of Tokyo
The Case Analysis: Benihana of TokyoThe Case Analysis: Benihana of Tokyo
The Case Analysis: Benihana of Tokyo
 
Signode case study
Signode case studySignode case study
Signode case study
 
Clean edge razor case study
Clean edge razor case studyClean edge razor case study
Clean edge razor case study
 
Ebay and Amazon caselet
Ebay and Amazon caseletEbay and Amazon caselet
Ebay and Amazon caselet
 
Wildfang Case Study
Wildfang Case StudyWildfang Case Study
Wildfang Case Study
 
Reed’s superstore case study analysis
Reed’s superstore case study analysisReed’s superstore case study analysis
Reed’s superstore case study analysis
 
McKinsey & Company: Managing Knowledge and Learning
McKinsey & Company:  Managing Knowledge and LearningMcKinsey & Company:  Managing Knowledge and Learning
McKinsey & Company: Managing Knowledge and Learning
 
Showrooming at best buy
Showrooming at best buyShowrooming at best buy
Showrooming at best buy
 
Operations strategy at galanz
Operations strategy at galanzOperations strategy at galanz
Operations strategy at galanz
 
Pricing predicament solution tony case
Pricing predicament solution   tony casePricing predicament solution   tony case
Pricing predicament solution tony case
 
Montreaux (1)
Montreaux (1)Montreaux (1)
Montreaux (1)
 
Netscape IPO case study Analysis
Netscape IPO case study AnalysisNetscape IPO case study Analysis
Netscape IPO case study Analysis
 
Silvio Napoli at Schindler India-HBS Case Study
Silvio Napoli at Schindler India-HBS Case StudySilvio Napoli at Schindler India-HBS Case Study
Silvio Napoli at Schindler India-HBS Case Study
 
Tru earth case study
Tru earth case studyTru earth case study
Tru earth case study
 
Tweeter Etc. Case Analysis
Tweeter Etc. Case AnalysisTweeter Etc. Case Analysis
Tweeter Etc. Case Analysis
 
Tanishq - Positioning to capture Indian woman’s heart - Marketing Management...
Tanishq - Positioning to capture Indian woman’s heart - Marketing Management...Tanishq - Positioning to capture Indian woman’s heart - Marketing Management...
Tanishq - Positioning to capture Indian woman’s heart - Marketing Management...
 
Samsung Electronics Case Study
Samsung Electronics Case StudySamsung Electronics Case Study
Samsung Electronics Case Study
 
Wildfang business model.
Wildfang business model.Wildfang business model.
Wildfang business model.
 
harrah entertainment inc - case study
harrah entertainment inc - case studyharrah entertainment inc - case study
harrah entertainment inc - case study
 
BMW Z3 Roadster Launch in USA
BMW Z3 Roadster Launch in USABMW Z3 Roadster Launch in USA
BMW Z3 Roadster Launch in USA
 

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