Foreign exchange reserves in Singapore grew to SGD 506.83 billion in September 2025 from SGD 502.02 billion in the previous month. The improvement was mainly driven by higher gold and foreign exchange holdings, which grew to SGD 496.69 billion from SGD 491.92 billion. At the same time, Special Drawing Rights increased to SGD 8.35 billion from SGD 8.30 billion in September. Meanwhile, the IMF reserve position edged down to SGD 1.79 billion from SGD 1.80 billion. By comparison, reserves stood at SGD 499.72 billion in the corresponding month of the previous year.