MAS stands pat at April monetary policy review, as expected
It will maintain the prevailing rate of appreciation of the Singapore dollar nominal effective exchange rate policy band
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
SINGAPORE’S central bank left its monetary policy settings unchanged in April, extending the pause for the fourth straight meeting, in line with market expectations.
The Monetary Authority of Singapore (MAS) also left its headline and core inflation projections unchanged: both are expected to average between 2.5 and 3.5 per cent this year.
MAS said on Friday (Apr 12) that it will maintain the prevailing rate of appreciation of the Singapore dollar nominal effective exchange rate (S$NEER) policy band, with no change to its width and the level at which it is centred.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
