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Singapore economy
MAS transfers excess official foreign reserves of $75 bil to the government
The optimal amount of OFR that MAS estimates it needs is currently 65% to 75% of GDP, says the central bank.
April 07, 2022
Singapore economy
MAS to transfer $45 bil to government for long-term investment
SINGAPORE (May 8): The Monetary Authority of Singapore (MAS) said on Wednesday it would be transferring $45 billion from the official foreign reserves (OFR) to the Singapore government for longer-term investment.
May 08, 2019
MAS to count renminbi investments as part of official foreign reserves
SINGAPORE (June 22): The Monetary Authority of Singapore (MAS) will include its renminbi (RMB) financial investments as part of its Official Foreign Reserves (OFR) from this month onwards.
June 22, 2016