Singapore's central bank posted a $10.61 billion net loss in its last fiscal year as the local dollar's gains against the yen and euro diminished the value of its foreign currency holdings.
The Monetary Authority of Singapore (MAS) also said the city-state's economy will "comfortably" meet the official growth forecast of 1-3 per cent for 2013, while inflation for the full year is expected to come in at 2-3 per cent, lower than the earlier estimate of 3-4 per cent.
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