Triple reserve managers safeguard Singapore’s stability – Ravi Menon
Menon explains the separate roles of the three institutions managing national financial resources
Singapore’s international reserves, which are managed by three very different institutions, play a key role in safeguarding financial stability, the Monetary Authority of Singapore’s (MAS) Ravi Menon said today (March 13).
At Central Banking’s National Asset-Liability Management Europe conference in London, the MAS managing director stressed reserves act as a buffer to offset crises, support the exchange rate facilitating monetary policy, and supplement government revenue.
The stability buffer
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