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Dec 19, 2022 · Monetary Authority of Singapore. Get notified whenever news and updates are posted on this website. © 2022, Government of Singapore. Last updated on 19 Dec 2022. To print the list of exchange rates, please select “Download” to retrieve the file for printing.
View data on Singapore’s financial sector, reserves statistics, exchange rates and others Exchange Rates Monthly Statistical Bulletin
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.
Dec 19, 2022 · MAS implements monetary policy by undertaking foreign exchange operations to keep the Singapore dollar nominal effective exchange rate within a policy band consistent with ensuring price stability.
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.
Oct 14, 2022 · The MAS uses the exchange rate as its main policy tool because Singapore is a small and open economy that depends heavily on trade. The exchange rate also has “a much stronger influence” on...
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.
Jul 21, 2024 · The MAS, which uses the exchange rate as its main monetary policy tool, has let the Singapore dollar appreciate against the currencies of the island’s major trading partners in 2024 to tackle ...
Jan 29, 2024 · SINGAPORE: The Monetary Authority of Singapore (MAS) kept its exchange rate-based monetary policy unchanged on Monday (Jan 29), standing pat for the third consecutive meeting and in line with...
