Singapore Foreign Exchange Reserves

Last Release

Oct 31, 2024

Actual

507,610.6

Units In

SGD Million

499,723.7

Frequency

Monthly

Next Release

Dec 06, 2024

Time to Release

27 Days 8 Hours

Highest	Lowest	Average	Date Range	Source
579,154.4 Feb 2022	4,174.4 Jan 1972	164,336.44 SGD Million	1972-2024	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 rose to SGD 507.6 billion in October 2024 from SGD 499.7 billion in the previous month. This marked the largest amount since March 2022 as increases were seen in SDRs (SGD 8.36 billion vs SGD 8.27 billion in September), IMF reserve position (SGD 1.73 billion vs SGD 1.71 billion), and gold & foreign exchange (SGD 497.5 billion vs SGD 489.7 billion). In October 2023, the reserves stood at SGD 463.4 billion.