💱US Dollar/Singapore Dollar FX Spot Rate
USDSGD
▼ NegativeMonetaryrelevance
MAS expected to keep tightening bias, supporting SGD strength
Impact on assets 1
Others
MUFG’s Lloyd Chan expects the Monetary Authority of Singapore to keep policy unchanged at its July meeting while maintaining a tightening bias. The stance distinguishes between energy-driven and domestically generated inflation. Strong Singapore growth and a positive output gap justify the tight settings.
MAS expected to keep tightening bias, supporting SGD strength