The Business Times
business-time-50
SUBSCRIBERS

Iran war raises inflation risks, tips scales for MAS to go for stronger Singdollar in April: economists

Analysts now expect a 50 bps steepening of the S$NEER policy band slope

Summarise
google-preferred-sourceAdd BT as a preferred source
Tessa Oh

Tessa Oh

Published Fri, Mar 13, 2026 · 07:00 AM
阅读简体中文版 (beta)
    • Singapore's next monetary policy statement will be released on or before Apr 14.
    • Singapore's next monetary policy statement will be released on or before Apr 14. PHOTO: BT FILE

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    [SINGAPORE] The escalating conflict in the Middle East and sharp rise in crude oil prices have tilted the odds in favour of the Monetary Authority of Singapore (MAS) tightening monetary policy at its review in April, analysts said.

    Several economists now expect MAS to steepen the slope of the Singapore dollar nominal effective exchange rate (S$NEER) policy band at the meeting, in what would be its first tightening move since October 2022.

    The next monetary policy statement will be released on or before Apr 14.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Singapore economyMonetary Authority of SingaporeMonetary PolicyUS Federal ReserveUS-Middle East relationsSingapore inflation

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback

    TRENDING NOW

    Lim's pay package includes about S$3.6 million as salary and around S$3.9 million as bonus, indicates the company's annual report.

    Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025

    Chinese Foreign Minister Wang Yi stopped short of explicitly naming the US or Israel as aggressors, a telling omission from a country that otherwise speaks with little diplomatic timidity.

    Beijing’s calculated silence on the Iran war 

    Those aged below 30 account for the largest share of overqualification.

    More workers in Singapore opt for jobs for which they are overqualified: MOM, NTUC studies

    While residential property has delivered solid gains, observers say other assets such as equities often outpace it over the longer term.

    Higher costs, lower returns: Why are Singaporeans still betting on real estate?

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More