Singapore Forex Reserves Top SG$551 Billion in June

MT Newswires Live

07/07

Singapore's official foreign reserves rose to SG$551.3 billion in June from SG$548.6 billion in May, according to data from the Monetary Authority of Singapore released on Tuesday.

The amount consists of SG$541.2 billion in gold and foreign exchange reserves, SG$8.29 billion in special drawing rights, and SG$1.82 billion in International Monetary Fund reserve position.

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