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Another MAS tightening on the cards due to sticky inflation, even as odds of a pause rise
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The MAS manages monetary policy by allowing the Singapore dollar nominal effective exchange rate to rise or fall versus currencies of its trading partners.
PHOTO: ST FILE
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SINGAPORE – Singapore’s fight against inflation has some way to run yet, so policymakers are likely to tighten monetary policy for a sixth time since October 2021, recent surveys of analysts have noted.
Most of those polled expect the Monetary Authority of Singapore (MAS) to keep pushing the trade-weighted value of the Singapore dollar higher against the currencies of its trading partners.
