It added that the width of the policy band and the level at which it is centred will be unchanged.
A rise in inflation levels has pushed the Monetary Authority of Singapore (MAS) to tighten its monetary policy settings in an out-of-cycle move.
What this means is that the rate of appreciation of the Singapore Dollar Nominal Effective Exchange Rate (S$NEER) policy band has been raised slightly, the central bank announced on Jan 25.
