Singapore Forex Reserves Hit Highest Since Feb 2022

2025-12-08 13:02 By Dongting Liu 1 min. read

Foreign exchange reserves in Singapore rose to SGD 518.1 billion in November 2025, up from SGD 510.4 billion in October, marking the highest level since February 2022.

The increase was driven by gains in gold and foreign exchange reserves (SGD 507.96 billion vs SGD 500.34 billion) and special drawing rights (SDRs) (SGD 8.39 billion vs SGD 8.32 billion), partly offset by a slight decline in the IMF reserve position (SGD 1.76 billion vs SGD 1.764 billion).

On a year-on-year basis, reserves were up from SGD 505.74 billion in November 2024.



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