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MAS posts S$15.8b net profit, boosted by forex gains

THE Monetary Authority of Singapore (MAS) has posted net profit of S$15.8 billion, aided by foreign exchange gains, for the year ended March 31. For the previous year, MAS had run up a net loss of S$10.61 billion on translation effects from the stronger local unit. In its 2013/2014 annual report

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