MAS allows Singapore dollar to appreciate in tightening move

Singapore

The Monetary Authority of Singapore (MAS) chose to tighten its monetary policy at its October meeting by allowing the Singapore dollar to appreciate mildly, as the country’s inflation continues an upward trajectory.

The central bank said it will “slightly” raise the slope of its benchmark exchange rate, the Singapore Dollar Nominal Effective Exchange Rate (S$NEER), from zero.

The other two parameters of the S$NEER policy band, the width of the policy band and the level at which it is centred

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 info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com 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

.