Singapore keeps monetary policy unchanged


The Monetary Authority of Singapore (MAS) has kept monetary policy unchanged for its third consecutive meeting.

The central bank, which uses the exchange rate as its main policy tool, said in its monetary policy statement that it had maintained the “prevailing rate of appreciation” of the currency band. The width of the band and the level at which it is centred were also unchanged.

The MAS said core inflation, which excludes costs of accommodation and private transport, is likely to remain

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account