05-07-2023, 02:15 PM
dont really understand.... how can an entity with only 34b.... lose 38b in 2 years and yet like nothing happened?
As of Mar 31, the total capital and reserves of MAS was at S$34.3 billion.
The Monetary Authority of Singapore (MAS) recorded its largest net loss of S$30.8 billion (US$22.8 billion) in the financial year that ended Mar 31, widening from a S$7.4 billion loss in the year before that.
As of Mar 31, the total capital and reserves of MAS was at S$34.3 billion.
The Monetary Authority of Singapore (MAS) recorded its largest net loss of S$30.8 billion (US$22.8 billion) in the financial year that ended Mar 31, widening from a S$7.4 billion loss in the year before that.