Singapore — Central bank policy rate

percent · Monthly · Jul 1987–Jul 2021 · 409 observations

About this series

The central bank policy rate is the interest rate used by the monetary authority to implement or signal its policy stance. The exact instrument depends on the country.

For Singapore, the central bank policy rate reading stood at 0.67% in Jul 2021. Against 0.67% in Jun 2021, the period change was 0 percentage points. Against 0.74% in Jul 2020, the year-on-year change was −0.07 percentage points.

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Get the full series

  • Monthly data, 1987–2021
  • Annual data, 1987–2020
  • The underlying source, downloadable

Latest observations

Oct 2014–Jul 2021

PeriodValue
Jul 20210.67 %
Jun 20210.67 %
May 20210.7 %
Apr 20210.78 %
Mar 20210.81 %
15 earlier values
Feb 20210.8 %
Jan 20210.86 %
Dec 20201.76 %
Nov 20200.75 %
Oct 20200.74 %
Sep 20200.69 %
Aug 20200.67 %
Jul 20200.74 %
Jun 20201.1 %
May 20200.63 %
Apr 20200.62 %
Mar 20200.9 %
Feb 20201.91 %
Jan 20202.23 %
Dec 20191.91 %

Values before Dec 2019, back to Oct 2014, are on the chart — hover to read them.

Data release 2026_08_27_1049, published 30 Sept 2026.