Table of Contents: Introduction 3



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Conclusion

The MAS is critical to the functioning of the government and the stability of the country. As a result, risk management is significantly influenced as a result of this. Therefore, the central bank has significant influence on interest rates and currency supply, as well as on security costs and credit availability, to name a few areas of influence. 'Autonomous central banks may execute a wide range of duties and have influence on a country's financial and economic stability,' says the World Bank.








Reference:




  1. “Bis.org. 2022. [online] Available at: [Accessed 23 March 2022].”

  2. Delphix. 2022. MAS Singapore. [online] Available at: [Accessed 23 March 2022].

  3. “2022. [online] Available at: [Accessed 23 March 2022].”

  4. “Csrc.nist.gov. 2022. NIST Risk Management Framework | CSRC. [online] Available at: [Accessed 23 March 2022].”



  1. “Tradingeconomics.com. 2022. Singapore Average Overnight Interest Rate - 2022 Data - 1988-2021 Historical. [online] Available at: [Accessed 23 M arch 2022].”

  2. “Mas.gov.sg. 2022. [online] Available at: [Accessed 23 March 2022].”

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