💱US Dollar/Singapore Dollar FX Spot Rate
USDSGD
▼ NegativeMonetaryrelevance
MAS tightens policy, supporting SGD against USD
The Monetary Authority of Singapore delivered a second consecutive tightening by slightly increasing the slope of the Singapore Dollar Nominal Effective Exchange Rate policy band, according to MUFG's Lloyd Chan, reinforcing the currency's resilience against the US Dollar.
MAS tightens policy, supporting SGD against USD