💱US Dollar/Singapore Dollar FX Spot Rate
USDSGD
▼ NegativeMonetaryrelevance
MAS tight policy anchors SGD, making it defensive vs other ASEAN currencies, which strengthens SGD relative to USD.
Impact on assets 1
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Lloyd Chan at MUFG views the Singapore Dollar as relatively defensive versus other ASEAN currencies thanks to the Monetary Authority of Singapore's tight Singapore Dollar Nominal Effective Exchange Rate policy, which anchors volatility and inflation expectations.
MAS tight policy anchors SGD, making it defensive vs other ASEAN currencies, which strengthens SGD relative to USD.