The Monetary Authority of Singapore (MAS) is the central bank of Singapore, responsible for overseeing the country's monetary policy, financial sector, and currency stability. Established in 1971, MAS aims to promote a sound and progressive financial services sector while ensuring the stability of the Singapore dollar. MAS also regulates banks, insurance companies, and capital markets to maintain a robust financial system. It plays a crucial role in fostering economic growth and safeguarding the interests of consumers and investors in Singapore's financial landscape.