The Monetary Authority of Singapore (MAS) maintained its benchmark rate at 1.5% in its August 2025 policy review, citing global economic uncertainty and moderate domestic growth.
SINGAPORE – August 7, 2025 – The Monetary Authority of Singapore (MAS) announced it will keep its benchmark policy rate unchanged at 1.5%, marking the third consecutive quarter without adjustment. The decision comes amid ongoing global market volatility, driven by fluctuating commodity prices, geopolitical tensions, and slower-than-expected growth in major economies.
MAS officials highlighted that inflation has eased from last year’s highs but remains above the long-term target. Domestic GDP growth for 2025 is now projected at 2.1%, slightly lower than the earlier estimate of 2.4%.
Maintaining the rate provides stability for businesses and investors, especially in the wealth management and private banking sectors. However, MAS indicated it remains ready to adjust policy if external shocks worsen.
This article is for informational purposes only and does not constitute investment advice.