Singapore MAS hold policy steady, maintains S$NEER appreciation as inflation outlook lifts
Investinglive·- The Monetary Authority of Singapore (MAS) maintains its currency policy, aligning with widely expected market conditions and sustaining the nominal effective exchange rate's appreciation rate. - While short-term economic resilience is anticipated, growth is expected to slow compared to 2025, with inflation forecasts raised to 1.0–2.0% due to ongoing price pressures. - MAS asserts that the current policy framework supports medium-term price stability and retains flexibility to address potential risks, reinforcing its moderate tightening stance amid economic dynamics.Three-month SORA falls to 1.1384, a new low in over a year | Lianhe Zaobao
Zaobao·- The three-month Singapore Overnight Rate Average (SORA) has dropped to a new low of 1.1384%, a decline of over 180 basis points from 3.0227% at the beginning of 2025. - This decrease is driven by sustained capital inflows and expectations of more accommodative policies from the U.S. Federal Reserve. - As SORA falls, mortgage rates are also decreasing, with floating rates averaging between 1.47% and 1.67% and fixed rates ranging from 1.48% to 1.75%, though some analysts anticipate a potential rebound in SORA.Asian Micro Holdings’ subsidiary to divest three Malaysian office units
Singapore Business Review·