[SINGAPORE] Stronger than expected growth may give the Monetary Authority of Singapore (MAS) more policy space going into 2026, after the central bank held settings steady for the second consecutive quarter, said several private-sector economists.
The Republic’s central bank at Tuesday’s (Oct 14) quarterly policy meeting chose to maintain the prevailing rate of appreciation of the Singapore dollar nominal effective exchange rate (S$NEER) policy band, with no change to its width and the level at which it is centred.
The move came after the central bank similarly kept settings unchanged in July. Prior to that, there were two consecutive rounds of easing in the January and April meetings, where it reduced the slope slightly.
