Singapore’s official foreign exchange reserves rose to SGD 550.73 billion in August 2026 from SGD 549.30 billion in the previous month. The increase was mainly driven by higher gold and foreign exchange reserves, which rose to SGD 540.73 billion from SGD 539.18 billion. Meanwhile, special drawing rights declined slightly to SGD 8.21 billion from SGD 8.25 billion, while the reserve position in the IMF fell to SGD 1.78 billion from SGD 1.87 billion. In the same month a year earlier, official foreign exchange reserves were lower at SGD 502.02 billion in August 2025.