SINGAPORE: The Monetary Authority of Singapore said on Thursday that net profit in its last financial year fell 44.8 per cent, after investment income took a hit from sharp declines in the global markets., according to its annual report for the 2019/20 financial year.The figure, which is after a S$2.2 billion contribution to the Government’s consolidated fund, arose mainly from positive currency translation effects.
Foreign exchange gains made up the rest of the returns at S$14.2 billion, primarily due to a weaker Singapore dollar against the US dollar, euro and the Japanese yen. This compares with the S$1 billion reported last year when the Sing dollar appreciated against most of the major currencies.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut: