Foreign exchange and money markets functioning normally: MAS

The central bank said that it is ready to curb “excessive volatility” in the SGD.

The Monetary Authority of Singapore (MAS) assured that the foreign exchange and money markets are functioning normally.

In a statement, Singapore’s central bank said that it is "ready to curb excessive volatility in the Singapore dollar.”

“MAS is closely monitoring developments and assessing the implications for the Singapore economy,” the central bank said in a media release on 3 April 2025.

MAS also said that it is ready to ensure that the country’s foreign exchange and money markets continue to function in an orderly manner.

On 2 April, US President Donald Trump announced reciprocal tariffs affecting all imports, with Singapore hit with a tariff rate of 10%.

Follow the link for more news on

Monetary Authority of Singapore

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia