International Reserves in Singapore
Singapore - International ReservesThe 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
|International Reserves (USD)||273||257||248||247||280|
5 years of economic forecasts for more than 30 economic indicators.
Singapore International Reserves Chart
Source: Monetary Authority of Singapore and FocusEconomics calculations.
|Bond Yield||1.69||1.39 %||Sep 04|
|Exchange Rate||1.38||-0.01 %||Sep 04|
|Stock Market||3,131||0.18 %||Sep 04|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
November 18, 2019
The external sector’s performance deteriorated at the start of the final quarter of this year, with non-oil domestic exports (NODX) falling 12.3% year-on-year in October (September: -8.1% year-on-year).
November 5, 2019
The Singapore Institute of Purchasing and Materials Management’s (SIPMM) electronics Purchasing Managers’ Index (PMI) continued to signal a struggling electronics sector as the index remained mired in contractionary territory.
October 23, 2019
Consumer prices were unchanged month-on-month in September, contrasting the 0.5% monthly increase in the prior month.
October 17, 2019
Non-oil domestic exports (NODX) fell 8.1% year-on-year in September, improving slightly from the revised 9.0% decline in August (previously reported: -8.9% year-on-year).
October 14, 2019
On 14 October, the Monetary Authority of Singapore (MAS) slightly reduced the undisclosed rate of appreciation of the Singapore dollar nominal effective exchange rate (S$NEER) policy band, although left the width of the policy band and the level at which it is centered unchanged.