Singapore's foreign reserves gained 11.73% to US$282.38b in January
Its gold and forex reserves climbed by 3.95%.
Singapore's foreign reserves gained 11.73% YoY to US$282.38b in January, the Monetary Authority of Singapore (MAS) revealed.
According to preliminary data, gold and forex reserves reached $367.09b, up by 3.95% from last year.
Meanwhile, Singapore's reserve position in the International Monetary Fund (IMF) hit $1.08m, whilst its special drawing rights rose to $1.42m.