Foreign Exchange Reserves in Singapore increased to 544100 SGD Million in April from 541738.90 SGD Million in March of 2026. Foreign Exchange Reserves in Singapore averaged 174080.82 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. source: Monetary Authority of Singapore

Foreign Exchange Reserves in Singapore is expected to be 512000.00 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
2026-04-07 09:00 AM
Foreign Exchange Reserves
Mar S$540.9B S$526.2B
2026-05-07 09:00 AM
Foreign Exchange Reserves
Apr S$544.1B S$541.7B
2026-06-09 09:00 AM
Foreign Exchange Reserves
May S$544.1B


Related Last Previous Unit Reference
Banks Balance Sheet 4072144.70 3843416.70 SGD Million Mar 2026
Central Bank Balance Sheet 797631.50 789506.90 SGD Million Mar 2026
Foreign Exchange Reserves 544144.20 541738.90 SGD Million Apr 2026
Overnight Rate Average (SORA) 1.46 1.32 percent May 2026
Bank Lending 902267.00 893644.40 SGD Million Mar 2026
Money Supply M0 68638.70 68811.00 SGD Million Mar 2026
Money Supply M1 316591.20 316302.70 SGD Million Mar 2026
Money Supply M2 887333.80 878510.60 SGD Million Mar 2026
Money Supply M3 903281.10 894355.60 SGD Million Mar 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
544144.20 541738.90 579154.40 4174.40 1972 - 2026 SGD Million Monthly
Current Prices, NSA

News Stream
Singapore Forex Reserves Stay at 2022 High
Foreign exchange reserves in Singapore rose to SGD 544.1 billion in April 2026 from an upwardly revised SGD 544.1 billion in the previous month, still marking the highest level since February 2022. The reserve components increased, with gold and foreign exchange climbing to SGD 534.0 billion from SGD 531.6 billion in March. At the same time, the IMF reserve position edged up to SGD 1.86 billion from SGD 1.80 billion. Meanwhile, special drawing rights eased to SGD 8.24 billion from SGD 8.30 billion. In the same month a year earlier, reserves stood at SGD 508.2 billion.
2026-05-07
Singapore Forex Reserves Rise to 2022 High
Foreign exchange reserves in Singapore rose to SGD 540.85 billion in March 2026 from SGD 526.25 billion in the previous month, marking the highest level since February 2022. All reserve components increased, with gold and foreign exchange climbing to SGD 530.75 billion from SGD 516.24 billion in February. At the same time, the IMF reserve position edged up to SGD 1.80 billion from SGD 1.79 billion, and special drawing rights rose to SGD 8.30 billion from SGD 8.23 billion. In the same month a year earlier, reserves stood at SGD 514.25 billion.
2026-04-07
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