Singapore Foreign Exchange Reserves

Last Release

Jan 31, 2025

Actual

510,558

Units In

SGD Million

506,710.4

Frequency

Monthly

Next Release

Mar 07, 2025

Time to Release

25 Days 0 Hours

Highest	Lowest	Average	Date Range	Source
579,154.4 Feb 2022	4,174.4 Jan 1972	165,953.38 SGD Million	1972-2025	Monetary Authority of Singapore

In Singapore, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans.

Latest Updates

Foreign exchange reserves in Singapore increased to SGD 510.56 billion in January 2025, up from SGD 506.71 billion in the previous month. This marked the largest foreign exchange reserves since March 2022, mainly driven by a rise in gold & foreign exchange (SGD 500.45 billion vs SGD 496.54 billion in December 2024). Meanwhile, SDRs (SGD 8.37 billion vs SGD 8.41 billion) and IMF reserve position (SGD 1.74 billion vs SGD 1.76 billion) decreased slightly. In January 2024, the reserves stood at SGD 478.16 billion.