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07.10.202609:10:58UTC+00Singapore Forex Reserves Hit Highest Level Since 2022

Singapore’s official foreign exchange reserves rose to SGD 553.57 billion in September 2026, the highest level since February 2022, up from SGD 550.73 billion in August. The increase was largely driven by a build-up in gold and foreign exchange reserves, which expanded to SGD 543.62 billion from SGD 540.73 billion.

In contrast, special drawing rights edged down to SGD 8.18 billion from SGD 8.21 billion, while Singapore’s reserve position in the IMF slipped slightly to SGD 1.77 billion from SGD 1.78 billion.

On a year-on-year basis, the official foreign exchange reserves were markedly higher than the SGD 506.83 billion recorded in September 2025.

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