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.
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. The department works closely with the Technology Group on the markets information infrastructure necessary to support its activities.
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.