The Monetary Authority of Singapore (MAS) made the announcement today that it would be transferring SGD45 billion from the official foreign reserves (OFR) to the Government for longer-term investment.

Five quick and easy ways to remit money back to India

It is right in the midst of Diwali season, and money transfers back to India are in full flow. With the large Indian population in Singapore and the amount of trade between the two countries, you will find a number of providers and methods available when you need to make a money transfer.

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