Singapore's Forex Reserves Rise in November, Preliminary Data Shows

MT Newswires

2025/12/08

Singapore's foreign exchange reserves rose to SG$518.1 billion in November from SG$510.4 billion in the preceding month, according to preliminary data from the Monetary Authority of Singapore released Monday.

The city-state logged a month-on-month increase in gold and foreign exchange to about SG$508 billion from SG$500.3 billion in October.

The International Monetary Fund reserve position remained largely flat month over month at SG$1.76 billion during the month, the data showed. Meanwhile, special drawing rights rose to SG$8.39 billion from SG$8.32 billion.

In US dollar terms, total foreign exchange reserves rose to $400.0 billion in November, the data showed.

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