Singapore ETF: Central Bank Unscheduled Cut Hints at Concerns
January 29, 2015 at 09:00 AM EST
In a surprise move, Singapore’s central bank eased its monetary policy, depreciating the country’s currency to its weakest since 2010 against the greenback and sending the country-specific exchange traded fund tumbling on increased uncertainty. The iShares MSCI Singapore ETF (NYSEArca:...