MAS Lowers SGD's Trading Band

8:33 PM ET Mon, 13 April 2009

The Singapore dollar strengthened against the greenback despite the MAS' move to devalue the currency. John Kyriakopoulos, head of currency strategy at National Australia Bank tells Michael Yoshikami of YCMNET Advisors, CNBC's Maura Fogarty & Sri Jegarajah why this happened.