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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.
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.
Jun 26, 2024 · View data on Singapore’s financial sector, reserves statistics, exchange rates and others
3 days ago · Get the latest 1 Singapore Dollar to Malaysian Ringgit rate for FREE with the original Universal Currency Converter. Set rate alerts for SGD to MYR and learn more about Singapore Dollars and Malaysian Ringgits from XE - the Currency Authority.
Apr 14, 2022 · Unlike most central banks that manage monetary policy through the interest rate, it uses the exchange rate as its main policy tool because Singapore is an open economy that depends heavily on...
Oct 12, 2023 · Singapore's central bank has a unique method of conducting monetary policy, tweaking the exchange rate of its dollar instead of changing domestic interest rates like most other economies.
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.
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 like...
