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.

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Singapore Foreign Exchange Reserves

Calendar GMT Actual Previous Consensus TEForecast
2023-04-07 09:00 AM Mar S$415.1B S$395.9B S$375.0B
2023-05-08 09:00 AM Apr S$416.3B S$416.0B S$420.0B
2023-06-07 09:00 AM May S$416.3B S$416.0B

Related Last Previous Unit Reference
Interest Rate 3.72 3.72 percent Jun 2023
Money Supply M1 252203.40 252109.90 SGD Million Apr 2023
Money Supply M0 60532.10 60237.80 SGD Million Apr 2023
Money Supply M2 775818.50 770330.70 SGD Million Apr 2023
Money Supply M3 790284.50 784865.10 SGD Million Apr 2023
Banks Balance Sheet 3239228.00 3233000.20 SGD Million Apr 2023
Foreign Exchange Reserves 416302.20 416014.70 SGD Million Apr 2023
Loans to Private Sector 792469.30 796874.20 SGD Million Apr 2023
Central Bank Balance Sheet 672481.60 670979.50 SGD Million Apr 2023

Singapore Foreign Exchange Reserves
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.
Actual Previous Highest Lowest Dates Unit Frequency
416302.20 416014.70 579154.40 4174.40 1972 - 2023 SGD Million Monthly
Current Prices, NSA