💱US Dollar/Singapore Dollar FX Spot Rate
USDSGD
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MAS expected to slightly steepen SGD NEER band slope, tightening policy and supporting SGD strength.
DBS Group Research expects the Monetary Authority of Singapore to slightly increase the SGD NEER policy band slope at the October review, while keeping the width and centre unchanged. The team, led by Taimur Baig, anticipates calibrated tightening driven by import cost pressures and resilient growth. DBS also points to strong Q3 2026 GDP supported by AI-led trade and financial sector strength.
MAS expected to slightly steepen SGD NEER band slope, tightening policy and supporting SGD strength.
DBS research forecasts MAS tightening; DBS is the forecaster, not a directly affected party, though tighter SGD policy could influence its business.