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Deposits of residents outside Singapore at highest since Feb 2016: MAS data

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Deposits of residents outside Singapore held by Singapore-based banks rose to its highest level not seen since early-2016, preliminary data from the Monetary Authority of Singapore on Friday showed.

DEPOSITS of residents outside Singapore held by Singapore-based banks rose to its highest level not seen since early-2016, preliminary data from the Monetary Authority of Singapore on Friday showed.

The monthly data showed that some S$49.76 billion from residents outside Singapore were...

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