Latest Reuters poll sees the Monetary Authority of Singapore on hold 6 Oct
– 16 of 18 polled analysts say MAS will keep the exchange rate-based mon pol unchanged at next week’s semi-annual policy review
The MAS unexpectedly eased in April by setting the rate of appreciation of the SGD’s policy band at 0%. Mon pol is managed by letting the SGD rise or fall against the ccys of its major trading partners within an undisclosed trading band based on its Nominal Effective Exchange Rate ( NEER).