Singapore Foreign Exchange Reserves

Last Release

Feb 28, 2025

Actual

511,625.8

Units In

SGD Million

510,558

Frequency

Monthly

Next Release

Apr 07, 2025

Time to Release

28 Days 2 Hours

Highest	Lowest	Average	Date Range	Source
579,154.4 Feb 2022	4,174.4 Jan 1972	166,495.19 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 511.63 billion in February 2025, the largest value in almost three years, from SGD 510.56 billion in the previous month. The rise was driven by increases in gold & foreign exchange (SGD 501.49 billion vs SGD 500.45 billion in January) and SDRs (SGD 8.45 billion vs SGD 8.37 billion). Meanwhile, IMF reserve position decreased slightly (SGD vs 1.69 billion vs SGD 1.74 billion). In February 2024, the reserves stood at SGD 480.48 billion.