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

Matrade: Malaysia’s trade breaks RM3 trillion mark despite challenging global conditions
Swift Energy Tech subsidiary bags contracts worth RM18mil
Reneuco redesignates Mustakim Mat Nun to group MD
ISF Group IPO oversubscribed by over 31 times
Dayang subsidiary to purchase marine vessel for RM117.7mil
Ringgit eases slightly against greenback on caution amid renewed US-EU tariff tension
Maybank launches ROAR30 strategy plan, targets 13-14% ROE by 2030
Mitrajaya accepts RM42.81mil fourth variation order for data centre project
PJBumi acquires drilling rigs for RM162mil
Manforce secures Bursa approval for ACE Market IPO

Others Also Read