Official Foreign Reserves

Data on Singapore's foreign currency assets.

 

Last Update: 7 April 2021, 5pm

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

 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

 2020

 478,840.1  1,466.7  2,168.5  475,204.9  362,304.8
           
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 440,653.6 1,485.2 1,965.5 437,202.9 321,350.6
Aug 445,322.1 1,483.1 1,962.4 441,876.6 327,530.2
Sep 447,795.4 1,477.5 1,947.6 444,370.3 328,021.6
Oct 461,595.4 1,478.2 2,081.8 458,035.4 338,049.1
Nov 472,406.2 1,469.8 2,070.2 468,866.2 352,627.8
Dec 478,840.1 1,466.7 2,168.5 475,204.9 362,304.8
           
2021 Jan 491,132.0 1,469.7 2,173.1 487,489.2 370,073.8
Feb  508,796.1 1,471.9  2,176.2 505,148.0 382,632.5
Mar (p) 513,233.7 1,464.1 2,088.8 509,680.8 381,978.9

p: Preliminary

Database

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