Official Foreign Reserves

Data on Singapore's foreign currency assets.

 

Table

Last Update: 7 August 2020

End of Period

Total 

Special Drawing Rights 

Reserve Position in the IMF 

Gold & Foreign Exchange 

Total Official Foreign ReservesChanges in the Official Foreign Reserves (OFR) are influenced by the following factors:
(a) Foreign exchange intervention operations involving the purchase or sale of USD for the purpose of implementing the exchange rate policy;
(b) Transfer of assets that are in excess of what MAS deems necessary to maintain confidence in Singapore’s exchange rate-centred monetary policy to the Government for longer-term investment;
(c) Realised investment gains or losses on the OFR;
(d) Currency translation effects;
(e) Changes in the stock of FX swaps, as part of MAS’ money market operations to manage liquidity in the banking system; and
(f) Foreign exchange transactions with the Government as part of MAS’ function as a banker to the Government.
 1=2+3+4  2  3  4  5
 S$ Million   US$ Million

 2015

  350,990.8

 1,717.7

    852.6

 348,420.5

 247,747.4

 2016

  356,253.9

 1,446.4

 1,441.7

 353,365.8

 246,575.3

 2017

  373,994.0  1,423.3  1,083.3  371,487.4  279,899.7

 2018

  392,095.8  1,434.2  1,447.1  389,214.5  287,673.1

 2019

  375,782.5  1,426.1  1,632.4  372,724.0  279,450.2
           

2019 Jan

  395,033.7  1,424.8  1,426.7  392,182.2  293,889.2

Feb

  395,219.9  1,431.2  1,429.2  392,359.5  292,503.9
 Mar  400,696.3   1,426.1   1,424.2   397,846.0  295,829.5
 Apr  404,019.3  1,431.2   1,571.9   401,016.2  296,811.6
 May  365,355.8  1,443.2   1,580.6  362,332.0  265,451.2
Jun  370,557.9 1,431.7 1,568.1 367,558.1 273,943.3
Jul  373,167.6  1,432.5  1,685.1 370,050.0 272,672.9
Aug  377,825.2 1,447.6 1,697.8 374,679.8 272,370.3
 Sep  376,475.6 1,438.1 1,650.2 373,387.3 272,239.3
Oct  376,706.3 1,432.9 1,644.3 373,629.1 276,795.5
Nov 377,426.7 1,437.2 1,644.9 374,344.6 276,004.3
Dec 375,782.5 1,426.1 1,632.4 372,724.0 279,450.2
           
2020 Jan 380,312.0 1,440.6 1,649.1 377,222.3 278,625.1
Feb 394,973.8 1,469.5 1,673.2 391,831.1 282,995.2
Mar 397,478.5 1,492.8 1,672.6 394,313.1 279,146.7
Apr A foreign exchange transaction was carried out by MAS on behalf of the Government in connection with fiscal expenditures. This involved a direct exchange of the Government's foreign currency holdings for S$, which resulted in an increase in the OFR and a corresponding increase in Government deposits with MAS.
 424,828.1 1,478.9 1,734.6 421,614.6 301,772.8
May 425,417.0 1,487.9 1,832.4 422,096.7 300,991.2
Jun[2]
 435,959.3 1,474.9 1,951.8 432,532.6 312,496.6
Jul (p)  440,653.6 1,485.2 1,965.5 437,202.9 321,350.6

p: Preliminary

Database

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