SINGAPORE: Foreign currency reserves also rose to $371.73b. Singapore’s reserve assets hit $375.33b (US$275.41b) in September, 8.68% higher than $345.45b (US$253.41b) last year.
According to the Monetary Authority of Singapore’s (MAS) preliminary data, foreign currency reserves hit $371.73b (US$272.74b) in September, 8.78% higher than $341.73b (US$250.68b) last year. Total securities rose by 8.04% from $281.74b (US$206.70b) to $304.40b (US$223.30b). Singapore’s IMF reserve position is at $1.28b (US$942.3m), whilst other reserve assets reached $625.30m (US$458.70m).