How Much USD is MAS Holding?

[Loofydralb]

As SG has limited gold and zero natural assets, our SGdollars worth are basically what foreign fiat we are holding.
As USD is collapsing, is MAS getting rid of it?
But having said that, every other currency is held also against USD.
Thus, it is in everyone's interest that phasing out USD as reserve currency be done gradually instead of a sudden collapse.
Will it?

 

[eatshitndie]

depends on whether rates are pegged to sor and sibor or sora. sg rates moving to sora pegs soon. sor and sibor is based on usd libor. sora is introduced by mas and based on sgd overnight rate.

 

[syed putra]

I was informed sinkie usd currency reserve in about 190billion. Which is only 25% of china's.
China dumping usd for gold as it fears same fate as russua where entire reserve were seized. Others non aligned with US doing same thing i would imagine as trust in usd eroded as US weaponise the currency.

 

[Alamakinky]

you got 38 words here....please add another 31

depends on whether rates are pegged to sor and sibor or sora. sg rates moving to sora pegs soon. sor and sibor is based on usd libor. sora is introduced by mas and based on sgd overnight rate.

 

[eatshitndie]

you got 38 words here....please add another 31

ok i’ll add another 3.1 words. pubor (ist) da best!

 

[tanwahtiu]

I was informed sinkie usd currency reserve in about 190billion. Which is only 25% of china's.
China dumping usd for gold as it fears same fate as russua where entire reserve were seized. Others non aligned with US doing same thing i would imagine as trust in usd eroded as US weaponise the currency.

You have higher IQ than @laksaboy ... theseday... are you a clone? Real @syed putra up lorry...

 

[syed putra]

I was xi jinping in my previous life.

 

[mojito]

U can pay for any thing with us dollar whether it strong or weak.