Interest Rates 2024 Forecast Singapore. Unlike most central banks, mas does not use singapore interest rates to control inflation. Gdp growth in singapore is expected to be slower in 2023 but is predicted to increase to 2.5 per cent in 2024.
$10,000 for 3 or 6 months) Introduced as the new benchmark interest rate by the monetary authority of singapore (mas) in august 2019, sora have replaced sor since 2021 and is already replacing sibor.