The exchange rate forecast for the Singapore Dollar (SGD) against the Saudi Riyal (SAR) reflects a combination of Singapore's robust economic performance and external pressures affecting currency valuation. Recent updates indicate that the Monetary Authority of Singapore (MAS) has maintained its monetary policy, demonstrating confidence in the economy's resilience despite global uncertainties. The GDP growth of 2.9% in Q3 2025 outstripped expectations, suggesting stability that could support the SGD.
However, the MAS has revised its core inflation forecast downward due to easing inflationary pressures, which may influence future monetary policy decisions. There is also ongoing concern regarding potential U.S. tariffs on Singaporean exports, particularly in sectors critical to the economy, such as pharmaceuticals and semiconductors. Should these tariffs materialize, market analysts predict that the MAS might adjust its exchange-rate policy to bolster the economy, potentially affecting the SGD's value relative to the SAR.
Currently, the SGD to SAR exchange rate stands at 2.8863, which is only 0.8% below its three-month average of 2.9099. The currency pair has shown stability, trading within a tight range of 2.8827 to 2.9397. This stability in the exchange rate suggests that, barring significant external shocks or changes in monetary policy, the SGD could maintain its current trajectory against the SAR. As currency fluctuations are influenced by various economic indicators, continuous monitoring of macroeconomic developments in Singapore and geopolitical events will be essential for businesses and individuals involved in international transactions.
