Search results
Dec 19, 2022 · (1) These rates are the average of buying and selling interbank rates quoted around midday in Singapore. All rates are obtained, with permission, from Refinitiv and disseminated to the public for information and could differ from those quoted by foreign exchange dealers.
MAS took over the currency issuance function following the merger with the Board of Commissioners of Currency, Singapore (BCCS) in October 2002. All currency notes and coins issued since 1967 by MAS and the former BCCS are legal tender in Singapore, and are fully backed by MAS’ assets. MAS also does the following:
Find data on Singapore’s banking and insurance sectors, foreign reserves, currency statistics, exchange rates and interest rates.
Dec 19, 2022 · The Singapore Overnight Rate Average or SORA is the volume-weighted average rate of borrowing transactions in the unsecured overnight interbank SGD cash market in Singapore between 8.00am and 6.15pm. The SORA Publication Date is the same date as the SORA Compounded Index Value Date.
MAS is the integrated regulator and supervisor of financial institutions in Singapore. MAS establishes rules for financial institutions which are implemented through legislation, regulations, directions and notices.
Jan 25, 2022 · In a surprise off-cycle move, the Monetary Authority of Singapore (MAS) tightened monetary policy on Tuesday (Jan 25) by raising the rate of appreciation of the Singapore dollar nominal effective exchange rate (S$NEER) slightly, while keeping its width and level unchanged.
MAS (Monetary Authority of Singapore) Exchange rate for the Singapore Dollar per unit of US Dollar. The rates are the average of buying and selling interbank rates quoted around midday in Singapore.
Apr 14, 2022 · The MAS has a unique approach to monetary policy. Unlike most central banks that manage monetary policy through the interest rate, it uses the exchange rate as its main policy tool because...
Apr 14, 2016 · SINGAPORE - At 8am on Thursday (April 14) morning, the Monetary Authority of Singapore (MAS) announced a surprise change to its exchange rate policy. The Straits Times explains.
Jan 19, 2016 · Singapore is the only major economy in the world to use the exchange rate, guiding the Singdollar higher or lower. MAS says the exchange rate is the best tool for a small, open economy...
