Monetary Authority of Singapore (MAS), Singapore’s central bank, holds 225.4 tonnes of gold and is the 24th largest sovereign gold holder in the world.
“If we don’t have anything going back into the reserves, the value of the reserves will diminish over time,” says DPM Wong in the CNA series Singapore Reserves Revealed.
Singapore Not Oversaving With Reserves Barely Keeping Pace With Its Economy: DPM Wong brudirect.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from brudirect.com Daily Mail and Mail on Sunday newspapers.