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Higher Interest Rates In Most Countries, But Surprisingly Singapore’s Lending Rates Remain Unchanged. There could be a Reason Why

While news of US Fed & Europe Central Bank rate hikes have occurred (up 0.25%), strangely in Singapore, the key lending rate has not risen. The official lending benchmark Singapore uses is the ‘Singapore Overnight Rate Average’ (SORA) and this is how it looks pre and post announcements of rate hikes announced by other countries’ […]

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