Keyword: "Singapore dollar"

MAS said the current appreciating policy band would allow the Singapore dollar to strengthen further, helping offset the expected near-term increase in imported inflation and supporting a gradual easing of price pressures in 2027.

The Monetary Authority of Singapore (MAS) announced on October 14 that it had tightened monetary policy for the fifth time in a year, allowing a further appreciation of the Singapore dollar to help dampen inflation.

The Monetary Authority of Singapore (MAS) has recently further tightened its monetary policy by raising the mid-point of the Singapore dollar Nominal Effective Exchange Rate policy band to its prevailing level to fight price pressures.

Singapore’s central bank is likely to keep its monetary policy stance on hold in its meeting next month as inflation eases and the growth outlook for the export-reliant economy dims.

Singapore has decided to tighten its monetary policy for the first time in six years as part of efforts to cope with risks of global trade tension, local authorities announced on April 13.

The trade-weighted Singapore dollar (SGD) has not been drastically affected by the devaluation of the Chinese yuan, according to the Monetary Authority of Singpore (MAS).