MAS tightens monetary policy for the second time in a row
The Monetary Authority of Singapore has tightened its monetary policy for the second consecutive time to combat rising inflationary pressures. The central bank will increase the rate of appreciation of the Singapore dollar's policy band to reduce imported inflation.
Why it matters
This move signals a proactive stance against global inflation and impacts the cost of living and currency strength for Singaporean residents and businesses.
The majority of analysts had expected the central bank to keep monetary policy unchanged.
The logo of the Monetary Authority of Singapore on Feb 13, 2026. (Photo: CNA/Ili Mansor)
Abigail Ng 27 Jul 2026 08:12AM (Updated: 27 Jul 2026 03:32PM) Bookmark Bookmark Share WhatsApp Telegram Facebook Twitter Email LinkedIn Set CNA as your preferred source on Google Add CNA as a trusted source to help Google better understand and surface our content in search results. Read a summary of this article on FAST. Get bite-sized news via a new cards interface. Give it a try. Click here to return to FAST Tap here to return to FAST FAST SINGAPORE: The Monetary Authority of Singapore (MAS) tightened monetary policy on Monday (Jul 27), in a move contrary to the market's expectations.
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