Singapore's Foreign Reserves Slip to SG$549.3 Billion in July

MT Newswires

08/07

Singapore's official foreign reserves fell to SG$549.3 billion in July from SG$551.3 billion in June, according to data from the Monetary Authority of Singapore released on Friday.

The amount consists of SG$539.2 billion in gold and foreign exchange reserves, SG$8.25 billion in special drawing rights, and SG$1.87 billion in International Monetary Fund reserve position.

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