International Reserves in Singapore

Singapore International Reserves | Economic News & Forecasts

Singapore - International Reserves

The economy is expected to be sinking deeper into recession in the second quarter, after contracting at the sharpest rate in over a decade in the first quarter. The manufacturing and electronics PMIs dropped to new lows in April, both registering the worst readings seen since the global financial crisis as containment measures and decimated demand curbed production. Moreover, strict lockdown measures are set to continue until 1 June before a gradual reopening, keeping economic activity halted. On a brighter note, exports continued to grow in April, overshooting market expectations. However, the reading was largely due to volatile pharmaceutical shipments, while exports of petrochemicals and electronics contracted.

Singapore - International Reserves Data

2015   2016   2017   2018   2019  
International Reserves (USD)248  247  280  288  279  

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Singapore International Reserves Chart


Singapore International Reserves
Note: International reserves in months of imports.
Source: Monetary Authority of Singapore and FocusEconomics calculations.

Singapore Facts

Value Change Date
Bond Yield1.741.39 %Dec 31
Exchange Rate1.34-0.01 %Jan 01

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