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Macro Education 2026-04-14

The Monetary Authority of Singapore: Exchange Rate Policy and the SGD

Unlike most central banks, the MAS steers Singapore’s economy through the exchange rate, not an interest rate. This guide explains the S$NEER band mechanism, traces the five-step 2022 tightening cycle, and maps the CPI, NEER, SORA, and GDP signals that drive SGD positioning.

SGD
Data Releases 2026-05-25

Singapore GDP April 2026: Release Date, Prior N/A

Singapore GDP is scheduled for Apr 28, 2026 13:30 SGT. The prior reading was N/A. Track the setup, market impact, and API update.

SGD
Data Releases 2026-05-23

Singapore CPI Inflation March 2026: Release Date, Prior N/A

Singapore CPI Inflation is scheduled for Mar 20, 2026 05:30 UTC. The prior reading was N/A. Track the setup, market impact, and API update.

SGD
Data Releases 2026-05-23

Singapore CPI Inflation February 2026: Release Date, Prior N/A

Singapore CPI Inflation is scheduled for Feb 20, 2026 05:30 UTC. The prior reading was N/A. Track the setup, market impact, and API update.

SGD
Data Releases 2026-05-23

Singapore CPI Inflation December 2025: Release Date, Prior N/A

Singapore CPI Inflation is scheduled for Dec 20, 2025 05:30 UTC. The prior reading was N/A. Track the setup, market impact, and API update.

SGD
Data Releases 2026-05-23

Singapore CPI Inflation January 2026: Release Date, Prior N/A

Singapore CPI Inflation is scheduled for Jan 20, 2026 05:30 UTC. The prior reading was N/A. Track the setup, market impact, and API update.

SGD
Data Releases 2026-05-23

Singapore CPI Inflation November 2025: Release Date, Prior N/A

Singapore CPI Inflation is scheduled for Nov 20, 2025 05:30 UTC. The prior reading was N/A. Track the setup, market impact, and API update.

SGD
Data Releases 2026-05-23

Singapore CPI Inflation October 2025: Release Date, Prior N/A

Singapore CPI Inflation is scheduled for Oct 20, 2025 05:30 UTC. The prior reading was N/A. Track the setup, market impact, and API update.

SGD
Data Releases 2026-05-23

Singapore CPI Inflation August 2025: Release Date, Prior N/A

Singapore CPI Inflation is scheduled for Aug 20, 2025 05:30 UTC. The prior reading was N/A. Track the setup, market impact, and API update.

SGD
Data Releases 2026-05-23

Singapore CPI Inflation September 2025: Release Date, Prior N/A

Singapore CPI Inflation is scheduled for Sep 20, 2025 05:30 UTC. The prior reading was N/A. Track the setup, market impact, and API update.

SGD
Data Releases 2026-05-23

Singapore CPI Inflation June 2025: Release Date, Prior N/A

Singapore CPI Inflation is scheduled for Jun 20, 2025 05:30 UTC. The prior reading was N/A. Track the setup, market impact, and API update.

SGD
Data Releases 2026-05-23

Singapore CPI Inflation July 2025: Release Date, Prior N/A

Singapore CPI Inflation is scheduled for Jul 20, 2025 05:30 UTC. The prior reading was N/A. Track the setup, market impact, and API update.

SGD

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