Singapore, 14 October 2026 – The Monetary Authority of Singapore has kept its exchange-rate policy settings unchanged, pausing after two consecutive tightenings as it balances firm near-term growth against an inflation outlook expected to ease during 2027. The decision leaves the prevailing appreciation path of the Singapore dollar nominal effective exchange rate policy band intact.
MAS made no change to the band’s rate of appreciation, width or centre. The Singapore dollar nominal effective exchange rate has strengthened modestly within the upper half of the band since July, allowing the currency to continue leaning against imported price pressure without an additional policy adjustment.
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