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MAS ANNUAL REVIEW

Official reserves grew S$8.5b in FY2017/18

MAS
Regulators in Singapore are looking to ramp up targeted measures against financial crime, including tapping data analytics and boosting information sharing with financial institutions.

Singapore

THE official foreign reserves (OFR) gained S$8.5 billion for FY2017/18, the Monetary Authority of Singapore (MAS) said in its annual report released on Wednesday.

The gains in OFR comprise investment gains of S$22.3 billion and a loss from currency translation effects of...

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