Singapore Will Revalue Currency or Steepen Band

Bloomberg, 11 Apr 2011April 11 (Bloomberg) -- Singapore will revalue its currency to tame inflation that exceeded the government’s target in February, joining other Asian central banks in tightening monetary policy, predict 10 of 20 analysts surveyed by Bloomberg.The Monetary Authority of Singapore will re-center the band in which the city-state’s currency is allowed to trade against a weighted