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Monetary Authority of Singapore posts record loss of S$30.8 billion 11 месяцев назад


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Monetary Authority of Singapore posts record loss of S$30.8 billion

Singapore's central bank has reported its largest-ever loss of S$30.8 billion for the last financial year. This, after its moves to dampen inflation caused the local currency to appreciate and the value of the foreign reserves to fall. It's the second year running the Monetary Authority of Singapore is in the red. Even then, MAS has said this is not a cause for concern. It added that, with economic clouds ahead, it's not ruling out more policy action to arrest rising prices. Subscribe to our channel here: https://cna.asia/youtubesub Subscribe to our news service for must-read stories: Telegram - https://cna.asia/telegram WhatsApp - https://cna.asia/whatsapp Follow us: CNA: https://cna.asia CNA Lifestyle: http://www.cnalifestyle.com Facebook:   / channelnewsasia   Instagram:   / channelnewsasia   Twitter:   / channelnewsasia   TikTok:   / channelnewsasia  

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