• USD/SGD

MAS cuts policy band slope, further easing expected: Capital Economics

The Monetary Authority of Singapore eased policy due to low inflation and modest growth, with further easing expected as economic conditions persist.

• USD/SGD

Singapore inflation cools, signaling potential monetary easing

Singapore's consumer inflation cooled in 2023, with core rates declining, suggesting effective policy measures and potential for monetary easing in the future.

• USD/SGD

Economists split on Singapore monetary policy amid Trump 2.0 uncertainties

• STI
• USD/SGD

Singapore GDP slows in Q4, but annual growth strong

Singapore's economy showed minimal Q4 growth at 0.1% while achieving 4% annual growth in 2024, facing challenges from weak exports and inflation.

• USD/SGD

Singapore economists see growth of 3.6% in 2024, monetary policy unchanged in January

Singapore's economy is forecasted to grow 3.6% in 2023; inflation expected to decrease slightly in upcoming years, with monetary policy likely unchanged amidst the growth.

• USD/JPY
• USD/SGD

Analysis-Investors take cover in Asia ahead of US election

Investors are shifting strategies ahead of the U.S. elections, favoring currencies like the Singapore dollar and Indian stocks while reducing exposure to yen and Hong Kong stocks.

• USD/SGD

Singapore keeps monetary policy steady as Q3 growth picks up; analysts bet on Jan easing

Singapore's central bank maintains monetary policy but analysts expect loosening in January due to balanced inflation risks and economic growth concerns amid external uncertainties.

• USD/SGD

Singapore seen keeping monetary policy unchanged as inflation risks linger

Singapore's central bank is expected to maintain its monetary policy amid inflation concerns, with forecasts signaling potential easing only next year due to economic uncertainties.

• USD/SGD

XSGD, Singapore’s First Dollar-Backed Stablecoin, Launches on Bitstamp to Power Global Cross-Border Payments

Bitstamp lists the Singapore Dollar-pegged stablecoin XSGD, enhancing cross-border payments and driving digital asset adoption in Southeast Asia and beyond.

• USD/SGD

XSGD, Singapore’s First Dollar-Backed Stablecoin, Launches on Bitstamp to Power Global Cross-Border Payments

Bitstamp has listed XSGD, a Singapore Dollar-pegged stablecoin by StraitsX, facilitating cross-border transactions and enhancing financial inclusion and innovation in digital asset adoption.