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Singapore’s foreign exchange reserves climbed to SGD 540.85 billion in March 2026, up from SGD 526.25 billion in February, reaching their highest level since February 2022. All major reserve components increased during the month. Gold and foreign exchange holdings rose to SGD 530.75 billion from SGD 516.24 billion. The IMF reserve position inched up to SGD 1.80 billion from SGD 1.79 billion, while special drawing rights increased to SGD 8.30 billion from SGD 8.23 billion. By comparison, total reserves in March of the previous year amounted to SGD 514.25 billion.