MAS posts record net loss of S$30.8 billion

sgbuffett

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#10

05-07-2023, 05:06 PM

This loss or gain is meaningless as it js going in and out of the market to stabilise SGD against USD....losses or gains is not the main purpose of its actions.

What is really meanjngful is size of US" reserves which gives us.ability to counter market speculation of SGD

Pakistan and Sri Lanka ran out of USD and their economy collapsed...

China has hidden 3 trillion USD to defend Yuan when the going gets tough it has to activate this otherwise speculators cab really cause trouble.

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.

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Messages In This Thread

MAS posts record net loss of S$30.8 billion - by forum456 - 05-07-2023, 02:01 PM

RE: MAS posts record net loss of S$30.8 billion - by growthorvalue - 05-07-2023, 02:15 PM

RE: MAS posts record net loss of S$30.8 billion - by [[ForeverAlone]] - 05-07-2023, 02:49 PM

RE: MAS posts record net loss of S$30.8 billion - by A2Z - 05-07-2023, 02:59 PM

RE: MAS posts record net loss of S$30.8 billion - by Blasterlord2 - 05-07-2023, 03:35 PM

RE: MAS posts record net loss of S$30.8 billion - by Sentinel - 05-07-2023, 03:43 PM

RE: MAS posts record net loss of S$30.8 billion - by Sticw - 05-07-2023, 04:07 PM

RE: MAS posts record net loss of S$30.8 billion - by red3 - 05-07-2023, 04:42 PM

RE: MAS posts record net loss of S$30.8 billion - by kc172021 - 05-07-2023, 04:47 PM

RE: MAS posts record net loss of S$30.8 billion - by sgbuffett - 05-07-2023, 05:06 PM

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