The Monetary Authority of Singapore announced it will moderately increase the appreciation pace of the Singapore dollar nominal effective exchange rate policy band. The width and midpoint of the band will remain unchanged. MAS uses the exchange rate as its primary policy tool to guide the local currency's fluctuations against a basket of currencies within a specified range, adjusting the slope, width, and midpoint to control the pace of appreciation or depreciation. MAS forecasts core inflation for 2026 to be between 1.5% and 2.5%.