What is Singapore Dollar (SGD)?

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The Singapore Dollar (SGD) is the official currency of the Republic of Singapore, issued by the Monetary Authority of Singapore (MAS), and is unique among major currencies for its monetary policy being centered on managing the trade-weighted exchange rate, known as the Singapore Dollar Nominal Effective Exchange Rate (S$NEER), rather than domestic interest rates.

Singapore Dollar (SGD)

What is Singapore Dollar (SGD)?

What is the S$NEER policy and how does the Monetary Authority of Singapore (MAS) use it to manage the Singapore Dollar?

How does the Singapore Dollar (SGD) compare to other major currencies in terms of global foreign exchange market trading volume and stability?

What are the key economic factors and indicators that influence the value of the Singapore Dollar (SGD) and the MAS's policy decisions?

How is the Singapore Dollar (SGD) traded in the foreign exchange market and what is its role in regional finance?

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