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S'pore includes yuan investments in foreign reserves

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Published Wed, Jun 22, 2016 · 09:50 PM

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    Singapore

    RENMINBI (RMB) financial investments of Singapore's central bank are now included as part of its official foreign reserves (OFR), underscoring the strong economic ties the Republic has with China.

    The Monetary Authority of Singapore (MAS) said on Wednesday that its RMB-denominated financial investments are part of its OFR from this month.

    Monetary Authority of Singapore

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