Triple reserve managers safeguard Singapore’s stability – Ravi Menon

Ravi Menon, NALM Europe 2019

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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