Singapore Central Bank Policy Rate stands at 1.40% as of September 2026, up from 1.20% a year earlier. The reading sits in the 66th percentile of its history back to 2005.
| Latest (September 2026) | 1.40% |
| One year ago | 1.20% |
| 10-year range | 0.06% – 4.39% |
| All-time range | 0.02% (2011) – 4.39% (2022) |
| Change over 12 months | +0.2 pts — bottomed at 0.83% in 2026 |
| Percentile vs. full history | 66th |
| History | 2005–2026 (255 observations) |
Singapore's key policy interest rate: the rate the central bank sets to steer the economy, which anchors borrowing costs across the financial system. Rate cuts ease financial conditions and have historically supported asset prices, especially when they come early in a cycle; sustained hiking campaigns do the reverse. The 12-month change in this rate is often a cleaner investment signal than its level, since what matters is whether policy is becoming easier or tighter relative to what markets have priced. Data: Bank for International Settlements policy-rate statistics. Singapore's central bank steers the exchange rate rather than an interest rate, so the chart shows SORA, the Singapore Overnight Rate Average, which is the standard proxy for domestic rate conditions.
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<a href="https://www.tacticalassetallocation.com/charts/singapore-policy-rate/">Singapore Central Bank Policy Rate — Cambria Chart Lab</a>
Data: download CSV (source: SingStat / MAS (SORA)).