MAS says it is “closely monitoring developments and assessing the implications for the Singapore economy”.
The Monetary Authority of Singapore (MAS) says Singapore’s foreign exchange and money markets continue to function normally after US President Donald Trump announced tariffs on US trading partners worldwide.
In an April 3 announcement, Singapore’s central bank says it stands ready to curb excessive volatility in the Singapore dollar, and to ensure that Singapore’s foreign exchange (forex) and money markets continue to function in an orderly manner.
