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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SingaporeSingapore Foreign Exchange Reserves climbed to 551.3B in June 2026
FMPMonthlyReleased July 2026
Singapore Foreign Exchange Reserves climbed to 551.3B in June 2026, released July 2026, up 2.7B from May's 548.6B reading. The reading matched the 546B consensus. The print is running well above the 12-month average of 507.31B. Over the past 3 months, Foreign Exchange Reserves averaged 507.6B, vs 532.07B in the prior 3-month window. Foreign Exchange Reserves is now the highest in 35 months.
Latest Release
551.3
Actual
546
Consensus
548.6
Previous
Median Absolute Error
±4.28 billion
across last 12 releases
Last Call
Jul 2026
Predicted: 546
Actual: 551.3
Error: -5.3
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| USD/SGD | ▲ Direct | +0.51 | FOREX | Moves with | → View |
| XAU/USD | ▼ Inverse | −0.47 | COMMODITIES | Moves against | → View |
| Nikkei 225 | ▼ Inverse | −0.27 | INDEX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Foreign Exchange Reserves (Singapore) was reported at 550.70 billion in September 2026. The reading rose from the previous value of 549.30 billion. Trailing 12-month context per ETL data through September 2026. Over the past 12 months, the indicator has averaged 511.51 billion, ranging from 427.90 billion to 551.30 billion across 10 releases.
WHY IT MATTERS
The trailing three releases averaged 509.97 billion, up from the prior three at 501.63 billion. Volatility over the past year (σ 43.50 billion) is higher than the prior year (σ 5.34 billion). In September readings over the past 3 years, Foreign Exchange Reserves has averaged 518.00 billion.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with USD/SGD (Bullish USD). A secondary relationship exists with XAU/USD, negatively correlated (Bearish XAU). Over the last 12 releases, the Sigmacast model's median absolute error is 4.28 billion.
WHAT TO WATCH NEXT
The next release is scheduled for October 7, 2026.
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
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Foreign Exchange Reserves - SG
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About Foreign Exchange Reserves — Singapore
DEFINITION
Foreign Exchange Reserves refer to the amount of foreign currency held by a country's central bank. These reserves are used to maintain stability in the country's currency and to fulfill international payment obligations. They serve as a measure of a country's economic strength and ability to withstand external shocks. Foreign Exchange Reserves are an important financial indicator for investors and policymakers, providing insight into a country's monetary policy and its ability to manage its currency.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Aug 2026): actual 550.7 M. Prior reading (Jul 2026): 427.9 M. Before that (Jul 2026): 549.3 M.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with USD/SGD (Bullish USD, r=0.51) — a useful reference for forex-focused traders.
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Economic Calendar - SG Events
| Thursday, September 17, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 00:30 | SG | Balance of Trade | 10.724 | 11 | 10.29 | Low | |
| 00:30 | SG | Non-Oil Exports YoY | 24.2 | 35 | 39.20 | Low | |
| 02:30 | SG | Unemployment Rate | 2 | 2 | 2.00 | Low | |