MAS posts $7.4b annual loss, weighed down by stronger Singdollar amid soaring inflation - The Straits Times

Factors that led to the loss include lower investment gains and higher interest expenses. Read more at straitstimes.com.

SINGAPORE - Inflationary pressures, wobbly global growth and global tightening monetary policies have weighed on the central bank's fiscal performance. The Monetary Authority of Singapore (MAS) on T… [+2892 chars]

full article...