Money Flow Intelligence Hub
Capital. Currents.
Corridors.
Singapore is the gateway. RiskPedia translates MAS monetary policy, FX flows, payment corridor caps and BIS Project Nexus into operating intelligence for BFSI desks.
S$NEER · MAS exchange-rate-based policy
The Singapore Dollar Nominal Effective Exchange Rate.
Unlike most central banks, MAS conducts monetary policy through the SGD's exchange rate — not interest rates. The S$NEER trades within an undisclosed policy band whose slope, mid-point and width are reviewed twice yearly at the Monetary Policy Statement (MPS).
Current
128.33
30-day change
-4.5 bps
Next MPS
April 2026
Latest stance
Slight appreciation bias maintained at the October 2025 MPS — slope unchanged, mid-point unchanged, width unchanged.
Band width
±2%
Mid-point
Unchanged
Slope
modest & gradual appreciation
30-day trajectory
30 days agotoday
FX Pulse · SGD crosses
USDSGD
1.3142+0%
EURSGD
1.4205+0%
JPYSGD
0.00876+0%
CNYSGD
0.1816+0%
INRSGD
0.01548+0%
Cross-border payment corridors
ASEAN-5 + India. In real time.
UPI ⇄ PayNow
● Live
S$142.6m
monthly volume
+38.4% YoY
SG ⇄ Thailand PromptPay
● Live
S$89.3m
monthly volume
+22.7% YoY
SG ⇄ Malaysia DuitNow
● Live
S$215.8m
monthly volume
+41.2% YoY
SG ⇄ Indonesia QRIS
● Live
S$47.1m
monthly volume
+64.8% YoY
SG ⇄ Philippines InstaPay
● Live
S$32.4m
monthly volume
+19% YoY
Intelligence brief
- 01UPI–PayNow daily cap raised to S$1,000 in Q3 2025 — corridor volume up 38% YoY.
- 02DuitNow remains the largest ASEAN corridor by SGD value.
- 03QRIS-Singapore is the fastest-growing corridor — Indonesian SME merchants drive demand.
- 04Project Nexus (BIS) full Phase-3 testing began Dec 2025 — multi-country settlement layer pending.