Singapore dollar nominal effective exchange rate (S$NEER)

Singapore economy

Singapore’s 3Q2024 GDP expands by 4.1%; MAS maintains S$NEER policy band

MAS says it expects Singapore’s full-year GDP to come in around the upper end of its 2% to 3% range, as previously forecasted.

Singapore economy

Singapore to hold currency settings in face of sticky prices: Bloomberg survey

All but three economists in a Bloomberg survey see no change to policy on Monday.

Broker's Calls

RHB downgrades headline inflation forecast while Maybank and UOB keep inflation forecasts for 2024

Singapore’s core inflation cooled to 2.5% due to key components of CPI including food, retail & other goods, among others.
Core inflation to decline to 2% by early 2025 based on current MAS policy setting - THE EDGE SINGAPORE

Singapore economy

MAS nudging inflation down to 2% by 2025

MAS chief economist Edward Robinson says the central bank's progressive tightening has facilitated a gradual decline in inflation.
MAS maintains S$NEER policy band in January monetary policy statement - THE EDGE SINGAPORE

Singapore economy

MAS maintains S$NEER policy band in January monetary policy statement

MAS had tightened its monetary policy five consecutive times since October 2021 before leaving its parameters unchanged in April.

Singapore economy

Singapore dollar has chance of three-peat on inflation fight

The Singapore dollar beat out all its Asian counterparts in each of the past two years.
MAS keeps prevailing rate of appreciation of the S$NEER policy band at October meeting - THE EDGE SINGAPORE

Singapore economy

MAS keeps prevailing rate of appreciation of the S$NEER policy band at October meeting

MAS also announced that it will be shifting to a quarterly monetary policy statement schedule in 2024.

Singapore economy

MAS likely to keep policy parameters unchanged in upcoming October meeting: analysts

The MAS is slated to hold its monetary policy meeting on Oct 13.

Singapore economy

Analysts mostly raise inflation forecasts for 2023 after MAS's tightening move

Inflation is likely to remain elevated in 2022; off-cycles are likely to be done for 2022, note the analysts.
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