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MAS to extend US$60b swap facility with US Fed

Since its launch, the facility has provided about US$22b to banks, for use in Singapore and the region


THE Monetary Authority of Singapore (MAS) announced on Thursday that it will continue to provide US dollar (USD) through the extension of the US$60 billion swap facility with the US Federal Reserve till March 31, 2021.

The MAS USD facility will offer up to US$60 billion...

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