Zone C: A Robust and Sound Financial System

Managing the Official Foreign Reserves (OFR)

OFR Wall

MAS manages the Official Foreign Reserves (OFR) of Singapore, which exists alongside two other pots of national reserves in Singapore that are managed by GIC and Temasek.

Find out (i) how the OFR maintains confidence in Singapore's monetary policy framework and secures Singapore's macroeconomic stability; and (ii) how MAS' intervention operations in the foreign exchange market keep the value of the Singapore Dollar consistent with low and stable inflation.
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