Singapore Forex Reserves Rise Further in June
2026-07-07 09:11
By
Nicole Aliyah
1 min. read
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.