MAS Adjusts Exchange Rate Band Slope, Projects 2026 Core Inflation at 1.5%-2.5%
Deep News
Apr 14
The Monetary Authority of Singapore announced it will moderately increase the appreciation pace of the Singapore dollar nominal effective exchange rate policy band. The width and midpoint of the band will remain unchanged. MAS uses the exchange rate as its primary policy tool to guide the local currency's fluctuations against a basket of currencies within a specified range, adjusting the slope, width, and midpoint to control the pace of appreciation or depreciation. MAS forecasts core inflation for 2026 to be between 1.5% and 2.5%.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.