MAS appointed the third batch of asset managers under the Equity Market Development Programme and committed S$20 million to strengthen equities market making activities in Singapore.

The Macroeconomic Review forms the basis for MAS’ monetary policy decision.

MAS will keep the policy band on its prevailing appreciation path. There will be no change to the width of the band and the level at which it is centred.

Before making any investment decision or transferring money, always verify the institution’s identity and deal only through its official channels.

MAS officials will NEVER ask you to transfer money or disclose bank log-in details over a phone call. Call the 24/7 ScamShield Helpline at 1799 if you are unsure if something is a scam.