MAS Merges with Board of Commissioners of Currency, Singapore

Hng Kiang Lim

Chapter 12 in Resilience, Dynamism, Trust:50 Landmark Statements by MAS Leaders, 2021, pp 114-117 from World Scientific Publishing Co. Pte. Ltd.

Abstract: In January this year, the government announced its plans to merge the Board of Commissioners of Currency, Singapore (BCCS) with the Monetary Authority of Singapore (MAS). The merged entity would still be called MAS. This is an organisational change to streamline our institutional structure. There will be no change in the way currency is managed. The Singapore dollar notes and coins that are currently in circulation will continue to be fully backed by the Currency Fund.

Keywords: Monetary Authority of Singapore; Central Banks; Singapore; Monetary Policy; Fintech (search for similar items in EconPapers)
JEL-codes: E44 E5 E58 E6 F45 (search for similar items in EconPapers)
Date: 2021
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