MAS records loss of S$7.4 billion with inflation, rise in Singapore dollar - CNA

SINGAPORE: The Monetary Authority of Singapore (MAS) recorded a loss of S$7.4 billion in the last financial year, with lower investment gains on the country’s foreign reserves and as the Singapore dollar appreciated. MAS managing director Ravi Menon said on T…

He highlighted inflation as the key macroeconomic challenge facing the global economy, with the International Monetary Fund projecting global inflation to reach 7.4 per cent - the fastest rate of inf… [+2038 chars]

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