Singapore keeps monetary policy unchanged as growth picks up pace in Q3


FILE PHOTO: A view of the Monetary Authority of Singapore's headquarters in Singapore June 28, 2017. - REUTERS/Darren Whiteside/File Photo

SINGAPORE: Singapore's central bank on Monday left its monetary policy settings unchanged, as expected, as data showed the economy picked up pace in the third quarter and policymakers expressed optimism about the 2025 outlook.

The Monetary Authority of Singapore (MAS) said it will maintain the prevailing rate of appreciation of its exchange rate-based policy band known as the Nominal Effective Exchange Rate, or S$NEER.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Singapore , MAS , monetary policy , GDP ,

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
Singapore’s financial sector a big winner
Smart city can’t beat the traffic
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use

Others Also Read