MAS Posts $20 Billion Net Profit as Investment Gains Offset Stronger SGD

The Monetary Authority of Singapore (MAS) reported a net profit of $20 billion for the fiscal year ended March 31, 2026. This is an increase from the previous year's net profit of $19.7 billion.

The central bank's managing director, Chia Der Jiun, attributed the strong investment gains to resilient global equity and bond markets. He noted that all asset classes across bonds and equities, developed and emerging markets, posted good returns.

The investment gains were partly offset by negative currency translation effects of $16.4 billion due to a stronger Singapore dollar against the US dollar and Japanese yen. However, Chia emphasized that these effects do not affect MAS' ability to conduct monetary policies or support financial stability.