Singapore's economy, currency and financial system are impacted by global developments and local conditions. As an integrated supervisor and a central bank, MAS promotes financial stability and brings confidence, fostering a robust and sound financial system.

With its open economy and financial system, Singapore is not spared from regional or global shocks. In this video documentary, learn how Singapore has weathered some financial crises over the years, and emerged stronger each time.

MAS manages the Official Foreign Reserves (OFR) of Singapore. The OFR helps to maintain confidence in Singapore's monetary policy framework and secure Singapore's macroeconomic stability. 

Domestic and global developments can cause fluctuations in the Singapore Dollar (SGD). MAS monitors these developments and assesses how they may affect the path of the SGD and the Official Foreign Reserves (OFR).

Singapore's currency notes and coins have various advanced security features to minimise the risk of counterfeiting. 

MAS uses four aspects of regulation and supervision to maintain confidence in Singapore's financial markets.

As the volume, variety and speed of transactions increase rapidly in the digital economy, MAS and financial institutions use supervisory technology and regulatory technology, respectively, to enhance supervision and regulatory compliance.

Financial stability is essential in promoting economic growth. Through this interactive game, find out more about potential pitfalls to financial stability and how MAS works to ensure Singapore's financial system remains resilient.