Singapore, 27 July 2026 – Singapore’s central bank has tightened monetary policy for the second consecutive review, allowing the Singapore dollar to appreciate at a slightly faster pace as stronger economic growth and renewed cost pressures raise concerns over the medium-term inflation outlook.
The Monetary Authority of Singapore increased the rate of appreciation of the Singapore dollar nominal effective exchange rate policy band. The adjustment was smaller than the tightening delivered in April, while the width and midpoint of the policy band were left unchanged. The Wall Street Journal
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