Markets and Investment Group

The Markets and Investment Group implements Singapore’s monetary policy by managing the exchange rate, conducting money market operations and issuing Singapore Government Securities. It also manages Singapore’s official foreign reserves. 

Our Departments

Monetary and Domestic Markets Management Department

The Monetary and Domestic Markets Management Department is responsible for implementing Singapore’s monetary policy by managing the exchange rate within its targeted policy band, conducting money market operations to manage liquidity in the banking system, and issuing Singapore Government Securities. The department is also responsible for maintaining the stability and functionality of the foreign exchange and money markets in Singapore, as well as fostering the development of Singapore dollar markets.

Reserve Management Department

The Reserve Management Department is responsible for the management of Singapore’s official foreign reserves. It seeks to achieve good investment returns within prudent risk parameters. The department operates directly in the major bond and currency markets globally and works actively with independent external fund managers across a range of investment mandates.