Triple reserve managers safeguard Singapore’s stability – Ravi Menon

Menon explains the separate roles of the three institutions managing national financial resources

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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