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Old 04-07-2018, 09:40 PM
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Thumbs up Sinkie Reserves Gained $8.5 Billion!!! Thank You Madam Ho Ching! Warren Buffet No Mat

An honorable member of the Coffee Shop Has Just Posted the Following:

THE official foreign reserves (OFR) gained S$8.5 billion for FY2017/18, the Monetary Authority of Singapore said in its latest 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 S$13.8 billion due mainly to the strengthening of the SGD against the USD and JPY, the MAS said. The investment gains over the last 10 financial years averaged S$12.1 billion per...

Sinkie Reserves Gained $8.5 Billion!!! Thank You Madam Ho Ching! Warren Buffet No Match For You!


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