Singapore foreign exchange reserves

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Singapore foreign exchange reserves: 507610.6 (1.58%)
Last Update: October 31, 2024

Singapore foreign exchange reserves closed down 507610.6 as of October 31, 2024 from 499723.7 from the previous month and 463358.8 from last year.


Singapore foreign exchange reserves Analytics & Data




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Singapore foreign exchange reserves

Date Values
2024-10-31 507610.6
2024-09-30 499723.7
2024-08-31 501279.3
2024-07-31 506433.8
2024-06-30 503710.6
2024-05-31 500863.6
2024-04-30 500307.2
2024-03-31 497575.7
2024-02-29 480484.9
2024-01-31 478163.9
2023-12-31 463044.3
2023-11-30 461056.7
2023-10-31 463358.8
2023-09-30 460497.8
2023-08-31 455455.5
2023-07-31 452504.8
2023-06-30 448246.4
2023-05-31 441334.2
2023-04-30 416302.2
2023-03-31 416014.7
2023-02-28 395889.1
2023-01-31 383409.9
2022-12-31 388256.1
2022-11-30 399086.7

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Singapore foreign exchange reserves Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
foreign exchange reserves sg.fxreserves 507610.6 499724 2 10 UP UP 41 2024-10-31

Singapore foreign exchange reserves Quantitative Analysis, Charts & Factors

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Singapore foreign exchange reserves Historical Data

The MacroVar database offers free access to historical data for the Singapore foreign exchange reserves, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Singapore foreign exchange reserves data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Singapore foreign exchange reserves

Foreign exchange reserves refer to the amount of foreign currency and other assets held by a country's central bank. In the case of Singapore, the country's foreign exchange reserves are managed by the Monetary Authority of Singapore (MAS) and serve as a buffer to maintain stability in the currency exchange rate and to protect against external economic shocks. Singapore's foreign exchange reserves are considered to be one of the largest in the world, providing a strong foundation for the country's financial stability and economic growth. The reserves are primarily made up of foreign currencies, gold, and other liquid assets that can be easily converted into foreign currency when needed. By maintaining a substantial level of foreign exchange reserves, Singapore is able to instill confidence in investors and ensure the smooth functioning of its economy.

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