The Malaysian Insider, 16 Jul 2009
SINGAPORE, July 16 — Singapore's central bank said today it posted a net loss of S$9.2 billion (RM22 billion) in its last financial year that ended March 2009, badly hurt by a decline in global markets.
The loss compared to a profit of S$7.44 billion in the same period a year earlier, the Monetary Authority of Singapore's managing director Heng Swee Keat said at a press conference.
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