FX.co ★ Singapore Forex Reserves Hit 3-Month High

In October 2025, Singapore's foreign exchange reserves expanded to SGD 510.42 billion, up from SGD 506.83 billion recorded in September. This increase marks the highest level since July, propelled by growth in gold holdings and foreign currency reserves, which increased to SGD 500.34 billion from SGD 496.69 billion in September. Conversely, declines were noted in Special Drawing Rights (SDRs), which decreased to SGD 8.32 billion from SGD 8.35 billion, and the International Monetary Fund (IMF) reserve position, which fell to SGD 1.76 billion from SGD 1.79 billion. A year earlier, in October 2024, the reserves were at SGD 507.61 billion.