Foreign exchange reserves in Singapore decreased to SGD 526.25 billion in February 2026 from a nearly four-year high of SGD 529.11 billion in the previous month. This marked the lowest amount since November last year, driven by declines across all reserve components, mainly for gold and foreign exchange reserves, which fell to SGD 516.24 billion from SGD 519.04 billion in January. Additionally, special drawing rights dropped to SGD 8.23 billion from SGD 8.27 billion, while the IMF reserve position edged down to SGD 1.79 billion from SGD 1.80 billion. In February 2025, the reserves stood at SGD 511.63 billion. source: Monetary Authority of Singapore

Foreign Exchange Reserves in Singapore decreased to 526200 SGD Million in February from 529105.20 SGD Million in January of 2026. Foreign Exchange Reserves in Singapore averaged 172942.62 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 March of 2026.

Foreign Exchange Reserves in Singapore decreased to 526200 SGD Million in February from 529105.20 SGD Million in January of 2026. Foreign Exchange Reserves in Singapore is expected to be 508000.00 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 528000.00 SGD Million in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-09 09:00 AM
Foreign Exchange Reserves
Jan S$529.1B S$526.3B
2026-03-09 09:00 AM
Foreign Exchange Reserves
Feb S$526.2B S$529.1B
2026-04-07 09:00 AM
Foreign Exchange Reserves
Mar S$526.2B


Related Last Previous Unit Reference
Banks Balance Sheet 3847123.40 3869315.90 SGD Million Jan 2026
Central Bank Balance Sheet 789506.90 791875.50 SGD Million Feb 2026
Foreign Exchange Reserves 526200.00 529105.20 SGD Million Feb 2026
Overnight Rate Average (SORA) 0.91 0.88 percent Mar 2026
Bank Lending 887505.30 886109.70 SGD Million Jan 2026
Money Supply M0 67348.30 66711.00 SGD Million Jan 2026
Money Supply M1 317708.60 319881.20 SGD Million Jan 2026
Money Supply M2 876239.00 879791.80 SGD Million Jan 2026
Money Supply M3 892120.50 895497.20 SGD Million Jan 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
526200.00 529105.20 579154.40 4174.40 1972 - 2026 SGD Million Monthly
Current Prices, NSA

News Stream
Singapore Forex Reserves Slip to 3-Month Low
Foreign exchange reserves in Singapore decreased to SGD 526.25 billion in February 2026 from a nearly four-year high of SGD 529.11 billion in the previous month. This marked the lowest amount since November last year, driven by declines across all reserve components, mainly for gold and foreign exchange reserves, which fell to SGD 516.24 billion from SGD 519.04 billion in January. Additionally, special drawing rights dropped to SGD 8.23 billion from SGD 8.27 billion, while the IMF reserve position edged down to SGD 1.79 billion from SGD 1.80 billion. In February 2025, the reserves stood at SGD 511.63 billion.
2026-03-09
Singapore Forex Reserves Reach Near 4-Year High
Foreign exchange reserves in Singapore increased to SGD 529.11 billion in January 2026 from SGD 526.33 billion in the previous month. This marked the largest amount since a record high in February 2022, mainly due to a rise in gold and foreign exchange reserves (SGD 519.04 billion vs SGD 516.14 billion in December). Meanwhile, special drawing rights (SGD 8.27 billion vs SGD 8.38 billion) and IMF reserve position (SGD 1.80 billion vs SGD 1.81 billion) decreased slightly. In January 2025, the reserves stood at SGD 510.56 billion.
2026-02-09
Singapore Forex Reserves Rise Further
Foreign exchange reserves in Singapore rose to SGD 526.33 billion in December 2025 from SGD 518.11 billion in November. This was the largest amount since a record high in February 2022, driven by further increases in gold and foreign exchange reserves (SGD 516.14 billion vs SGD 507.96 billion in November) and IMF reserve position (SGD 1.81 billion vs SGD 1.76 billion). Meanwhile, special drawing rights (SDRs) fell slightly (SGD 8.38 billion vs SGD 8.39 billion). In December 2024, the reserves stood at SGD 506.71 billion.
2026-01-07