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  1. Feb 26, 2020 · (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.

    • Currency

      All currency notes and coins issued since 1967 by MAS and...

  2. Dec 19, 2022 · 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: Works closely with banks, security couriers and appointed contractors to ensure efficient and effective distribution of the Singapore currency, and the ...

  3. Feb 26, 2020 · 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.

    No
    Title
    Type
    Unit Of Measure
    1
    Interbank Overnight
    Numeric (Percent)
    % p.a.
    2
    Interbank 1-week
    Numeric (Percent)
    % p.a.
    3
    Interbank 1-month
    Numeric (Percent)
    % p.a.
    4
    Interbank 2-month
    Numeric (Percent)
    % p.a.
  4. www.mas.gov.sg › monetary-policyMonetary Policy

    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. MAS also conducts money market operations to provide sufficient liquidity for a well-functioning banking system and to meet banks' demand for reserve and settlement balances.

  5. 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...

    • Tang See Kit
  6. Oct 14, 2022 · The Monetary Authority of Singapore (MAS) said at a scheduled policy meeting that it will re-centre the mid-point of the Singapore dollar nominal effective exchange rate (S$NEER) policy band...

  7. 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.

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