Foreign exchange reserves in Singapore edged up to SGD 416.3 billion in April 2023 from an upwardly revised SGD 416.0 billion in the previous month. It was the largest figure since June 2022, prompted by increases in SDRs (SGD 8.4 billion vs SGD 8.3 billion in March), IMF reserve position (SGD 2.1 billion vs SGD 2.0 billion) and gold & foreign exchange (SGD 405.9 billion vs SGD 405.6 billion). In April 2022, the reserves stood at SGD 504.3 billion. source: Monetary Authority of Singapore
Foreign Exchange Reserves in Singapore averaged 155142.29 SGD Million from 1972 until 2023, reaching an all time high of 579154.40 SGD Million in February of 2022 and a record low of 4174.40 SGD Million in January of 1972. This page provides the latest reported value for - Singapore Foreign Exchange Reserves - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Singapore Foreign Exchange Reserves - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.
Foreign Exchange Reserves in Singapore is expected to be 371000.00 SGD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Foreign Exchange Reserves is projected to trend around 420000.00 SGD Million in 2024 and 450000.00 SGD Million in 2025, according to our econometric models.