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Why does Singapore control Myanmar's foreign exchange reserves?
The reason for this is the following:

1. Risk management: Myanmar is a country with relatively unstable political and economic environment, and its foreign exchange market may have risks and fluctuations.

2. Bilateral relations: Singapore may wish to maintain bilateral relations between the two countries by managing Myanmar's foreign exchange reserves.

3. National interests: As an international financial center, Singapore may wish to promote national interests by managing Myanmar's foreign exchange reserves.