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Singapore dollar

Rupiah hits record low against Singdollar, threatening Indonesian arrivals and trade

Singaporeans can now buy record amount of yen per Singdollar

Yen, which fell 5.6 per cent against the Singdollar in 2025, has weakened another 2.6 per cent so far in 2026.
Yen, which fell 5.6 per cent against the Singdollar in 2025, has weakened another 2.6 per cent so far in 2026.

Gold prices jump on US-Iran ceasefire deal

Gold remains down about 7 per cent over the past month and about 13 per cent below its record high of US$5,589 on Jan 28.
Gold remains down about 7 per cent over the past month and about 13 per cent below its record high of US$5,589 on Jan 28.

News analysis

MAS faces tough Singdollar policy decision in April amid risks of higher inflation, slower growth

ST20250721-202565000300-Lim Yaohui-Benjamin Lim-bnmas21/

Generic photograph of the lobby of Monetary Authority of Singapore (MAS) building at 10 Shenton Way on July 21, 2025. 

The Monetary Authority of Singapore (MAS) is Singapore’s central bank and integrated financial regulator.

As central bank, MAS promotes sustainable, non-inflationary economic growth through the conduct of monetary policy and close macroeconomic surveillance and analysis. It manages Singapore’s exchange rate, official foreign reserves, and liquidity in the banking sector.

As an integrated financial supervisor, MAS fosters a sound financial services sector through its prudential oversight of all financial institutions in Singapore – banks, insurers, capital market intermediaries, financial advisors, and stock exchanges. It is also responsible for well-functioning financial markets, sound conduct, and investor education.

MAS also works with the financial industry to promote Singapore as a dynamic international financial centre. It facilitates the development of infrastructure, adoption of technology, and upgrading of skills in the financial industry.

(ST PHOTO: LIM YAOHUI)
ST20250721-202565000300-Lim Yaohui-Benjamin Lim-bnmas21/

Generic photograph of the lobby of Monetary Authority of Singapore (MAS) building at 10 Shenton Way on July 21, 2025. 

The Monetary Authority of Singapore (MAS) is Singapore’s central bank and integrated financial regulator.

As central bank, MAS promotes sustainable, non-inflationary economic growth through the conduct of monetary policy and close macroeconomic surveillance and analysis. It manages Singapore’s exchange rate, official foreign reserves, and liquidity in the banking sector.

As an integrated financial supervisor, MAS fosters a sound financial services sector through its prudential oversight of all financial institutions in Singapore – banks, insurers, capital market intermediaries, financial advisors, and stock exchanges. It is also responsible for well-functioning financial markets, sound conduct, and investor education.

MAS also works with the financial industry to promote Singapore as a dynamic international financial centre. It facilitates the development of infrastructure, adoption of technology, and upgrading of skills in the financial industry.

(ST PHOTO: LIM YAOHUI)

Singapore bonds beat out peers as other havens falter amid Iran war

Singapore's bonds have also been boosted by the relative strength of the Singapore dollar, which is the best performer in Asia in 2026 after the Malaysian ringgit and Chinese yuan.
Singapore's bonds have also been boosted by the relative strength of the Singapore dollar, which is the best performer in Asia in 2026 after the Malaysian ringgit and Chinese yuan.

Ringgit hits strongest level versus Singapore dollar since 2021

The ringgit strengthened 0.2 per cent to 3.0615 versus its Singaporean counterpart on March 18.
The ringgit strengthened 0.2 per cent to 3.0615 versus its Singaporean counterpart on March 18.

Yen hits new low against Singapore dollar as Middle East crisis jolts oil prices

The yen weakened to a low of 124.78 yen per Singdollar on March 11, before recovering slightly to about 124.60 on March 12.
The yen weakened to a low of 124.78 yen per Singdollar on March 11, before recovering slightly to about 124.60 on March 12.

Citi backs Singapore dollar as key Asia haven play

The Singapore dollar has been Asia’s best performer against the US currency since the start of 2020.
The Singapore dollar has been Asia’s best performer against the US currency since the start of 2020.

News analysis

MAS focus turns to inflation risk amid Singapore’s strong growth trajectory

A growing cohort of economists expects MAS to up its defences against inflation by tightening its Singapore dollar policy in 2026.
A growing cohort of economists expects MAS to up its defences against inflation by tightening its Singapore dollar policy in 2026.

Singapore dollar hits highest against US dollar in over 11 years

The Singdollar gained 0.3 per cent to 1.2684 per US dollar.
The Singdollar gained 0.3 per cent to 1.2684 per US dollar.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.