Foreign Exchange Reserves in Singapore increased to 445322.10 SGD Million in August from 440653.60 SGD Million in July of 2020.

Foreign Exchange Reserves in Singapore averaged 137264.33 SGD Million from 1972 until 2020, reaching an all time high of 445322.10 SGD Million in August of 2020 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 2020. source: Monetary Authority of Singapore

Foreign Exchange Reserves in Singapore is expected to be 440000.00 SGD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Foreign Exchange Reserves in Singapore to stand at 486196.00 in 12 months time. In the long-term, the Singapore Foreign Exchange Reserves is projected to trend around 516960.00 SGD Million in 2021 and 578488.00 SGD Million in 2022, according to our econometric models.

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Singapore Foreign Exchange Reserves

Actual Previous Highest Lowest Dates Unit Frequency
445322.10 440653.60 445322.10 4174.40 1972 - 2020 SGD Million Monthly
Current Prices, NSA

Calendar GMT Actual Previous Consensus TEForecast
2020-06-08 09:00 AM May S$425.4B S$424.8B S$415B
2020-07-07 09:00 AM Jun S$435.9B S$425.4B S$ 426B
2020-08-07 09:00 AM Jul S$440.6B S$435.9B S$437.3B
2020-09-07 09:00 AM Aug S$445.3B S$440.6B S$399B
2020-10-07 09:00 AM Sep S$445.3B S$440B
2020-11-09 09:00 AM Oct
2020-12-07 09:00 AM Nov

Singapore Money Last Previous Highest Lowest Unit
Interest Rate 0.21 0.10 20.00 -0.75 percent [+]
Money Supply M0 51930.10 51577.10 51930.10 1133.10 SGD Million [+]
Money Supply M1 243166.30 238300.20 243166.30 1202.00 SGD Million [+]
Interbank Rate 0.41 0.41 9.84 0.34 percent [+]
Money Supply M2 695963.90 688455.50 695963.90 6182.30 SGD Million [+]
Money Supply M3 709464.90 702162.30 709464.90 6878.30 SGD Million [+]
Foreign Exchange Reserves 445322.10 440653.60 445322.10 4174.40 SGD Million [+]
Banks Balance Sheet 1526037.60 1525935.70 1526037.60 1509.90 SGD Million [+]
Loans to Private Sector 678665.60 680116.50 692846.00 16439.80 SGD Million [+]
Deposit Interest Rate 0.18 0.18 12.80 0.13 percent [+]
Central Bank Balance Sheet 449261.60 438643.70 449261.60 271915.00 SGD Million [+]

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.