International Reserves in Singapore

Singapore International Reserves | Economic News & Forecasts

Singapore - International Reserves

The economy continued growing at a lackluster pace in the third quarter of the year, matching the meager 0.1% year-on-year expansion recorded in the second. Another, more severe, contraction in the manufacturing sector, which remained under pressure from the global tech slump and the protracted trade conflict between the U.S. and China, continued to weigh on growth. Moreover, non-oil merchandise exports also dropped again in the period. Meanwhile, private consumption likely cooled in the quarter too: Consumer loans dropped in the three months ending in September, while retail sales decreased in July–August. Meanwhile data suggests the economy opened the final quarter on a weak footing. The manufacturing sector remained mired in contractionary territory in October despite a marginal uptick in the PMI and the same was true for the key electronics sector.

Singapore - International Reserves Data

2013  2014  2015  2016  2017  
International Reserves (USD)273  257  248  247  280  

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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

Bond Yield1.691.39 %Sep 04
Exchange Rate1.38-0.01 %Sep 04
Stock Market3,1310.18 %Sep 04

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