The Monetary Authority of Singapore (MAS) announced on Friday that it will maintain its current monetary policy settings. The MAS will keep the prevailing rate of appreciation of the Singapore dollar nominal effective exchange rate (S$NEER) policy band unchanged, including its width and the level at which it is centered. Economists surveyed by Bloomberg had predicted this outcome. Following the announcement, the Singapore dollar remained relatively stable, trading at 1.3427 per U.S. dollar.