Singapore’s official foreign exchange reserves rose to SGD 550.73 billion in August 2026 from SGD 549.30 billion in the previous month. The increase was mainly driven by higher gold and foreign exchange reserves, which rose to SGD 540.73 billion from SGD 539.18 billion in the previous month. Meanwhile, special drawing rights declined slightly to SGD 8.21 billion from SGD 8.25 billion, while the reserve position in the IMF fell to SGD 1.78 billion from SGD 1.87 billion. In the same month a year earlier, official foreign exchange reserves were lower at SGD 502.02 billion in August 2025. source: Monetary Authority of Singapore

Foreign Exchange Reserves in Singapore increased to 550725.20 SGD Million in August from 549303 SGD Million in July of 2026. Foreign Exchange Reserves in Singapore averaged 176372.96 SGD Million from 1972 until 2026, 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 September of 2026.

Foreign Exchange Reserves in Singapore increased to 550725.20 SGD Million in August from 549303 SGD Million in July of 2026. Foreign Exchange Reserves in Singapore is expected to be 554000.00 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 608000.00 SGD Million in 2027 and 620000.00 SGD Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-07 08:55 AM
Foreign Exchange Reserves
Jul S$549.3B S$551.3B
2026-09-07 09:00 AM
Foreign Exchange Reserves
Aug S$550.7B S$549.3B
2026-10-07 09:00 AM
Foreign Exchange Reserves
Sep S$550.7B S$ 554B


Related Last Previous Unit Reference
Banks Balance Sheet 4049367.70 4110110.80 SGD Million Jul 2026
Central Bank Balance Sheet 772144.40 778431.80 SGD Million Aug 2026
Foreign Exchange Reserves 550725.20 549303.00 SGD Million Aug 2026
Overnight Rate Average (SORA) 1.23 0.98 percent Sep 2026
Bank Lending 939058.50 931375.60 SGD Million Jul 2026
Money Supply M0 69860.90 69450.30 SGD Million Jul 2026
Money Supply M1 316782.40 321718.40 SGD Million Jul 2026
Money Supply M2 890921.10 892401.40 SGD Million Jul 2026
Money Supply M3 907533.30 909092.30 SGD Million Jul 2026


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
550725.20 549303.00 579154.40 4174.40 1972 - 2026 SGD Million Monthly
Current Prices, NSA

News Stream
Singapore Forex Reserves Rise in August
Singapore’s official foreign exchange reserves rose to SGD 550.73 billion in August 2026 from SGD 549.30 billion in the previous month. The increase was mainly driven by higher gold and foreign exchange reserves, which rose to SGD 540.73 billion from SGD 539.18 billion in the previous month. Meanwhile, special drawing rights declined slightly to SGD 8.21 billion from SGD 8.25 billion, while the reserve position in the IMF fell to SGD 1.78 billion from SGD 1.87 billion. In the same month a year earlier, official foreign exchange reserves were lower at SGD 502.02 billion in August 2025.
2026-09-07
Singapore Forex Reserves Retreat in July
Singapore's official foreign exchange reserves declined to SGD 549.3 billion in July 2026 from SGD 551.3 billion in the previous month, easing from the highest level since February 2022. The decline was mainly driven by lower gold and foreign exchange holdings, which fell to SGD 539.2 billion from SGD 541.2 billion in June. Special drawing rights also edged down to SGD 8.25 billion from SGD 8.29 billion. Meanwhile, Singapore's reserve position in the IMF increased slightly to SGD 1.87 billion from SGD 1.82 billion. In the same month a year earlier, official foreign exchange reserves stood at SGD 515.5 billion.
2026-08-07
Singapore Forex Reserves Rise Further in June
Singapore's official foreign exchange reserves increased to SGD 551.3 billion in June 2026 from SGD 548.6 billion in the previous month, remaining at their highest level since February 2022 for a fourth consecutive month. The increase was driven by higher gold and foreign exchange holdings rising to SGD 541.2 billion from SGD 538.5 billion in May. Special drawing rights also edged up to SGD 8.29 billion from SGD 8.25 billion. Meanwhile the reserve position in the IMF eased slightly to SGD 1.82 billion from SGD 1.84 billion. In the same month a year earlier, reserves stood at SGD 515.8 billion.
2026-07-07