Singapore’s foreign exchange reserves dropped to 549.3 billion SGD in July, with a decrease in holdings of gold and foreign currencies.

智通财经2026/08/07 09:16

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

⑴ Singapore's official foreign exchange reserves in July fell to 549.3 billion SGD from June's 551.3 billion SGD, retreating from the highest level since February 2022. ⑵ The decline was mainly driven by reduced holdings in gold and foreign currencies, which dropped from 541.2 billion SGD in June to 539.2 billion SGD; Special Drawing Rights decreased slightly from 8.29 billion SGD to 8.25 billion SGD. ⑶ Singapore's reserve position in the International Monetary Fund rose slightly from 1.82 billion SGD to 1.87 billion SGD; the official foreign exchange reserves were 515.5 billion SGD in the same period last year.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Singapore’s foreign exchange reserves dropped to 549.3 billion SGD in July, with a decrease in holdings of gold and foreign currencies.

You may also like

Crypto prices