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Old 19-04-2023, 10:00 AM
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Thumbs up MAS posts $7.4 billion annual loss, weighed by stronger Singdollar amid soaring infla

An honorable member of the Coffee Shop Has Just Posted the Following:

www.straitstimes.com
MAS posts $7.4 billion annual loss, weighed by stronger Singdollar amid soaring inflation​

SINGAPORE - Singapore's financial sector went from strength to strength, buoyed by broad-based growth but 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 Tuesday (July 19) announced at its annual review that it clocked a net loss...

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