Singapore Dollar Could Maintain Resilience -- Market Talk

0710 GMT - The Singapore dollar is likely to maintain its resiliency despite the Federal Reserve moving into a tightening phase, UOB strategists say in a report. The Monetary Authority of Singapore tightened policy twice this year, raising the rate of appreciation of the Singapore dollar nominal effective exchange rate band to about 1.25% per annum. "This appreciation bias functions as an automatic stabilizer for the [Singapore dollar]," UOB says. Singapore's exchange rate-based monetary policy also provides a structural buffer against headwinds of renewed U.S. dollar strength, it adds. The U.S. dollar is 0.1% lower at 1.2781 Singapore dollars, LSEG data show.(amanda.lee@wsj.com)

(END) Dow Jones Newswires

September 25, 2026 03:10 ET (07:10 GMT)