Singapore reserves grew 10.52% to US$286.96b
Gold and forex reserves expanded 3.8% to $373.78b.
Singapore’s official reserves in March climbed by 10.52% YoY from $259.64b in 2017 to $286.96b in 2018, the Monetary Authority of Singapore (MAS) revealed.
According to preliminary data, gold and forex reserves gained 3.8% YoY from $360.08b to $373.78b.
Meanwhile, Singapore's reserve position in the International Monetary Fund (IMF) hit $1.08m, whilst its special drawing rights dipped to $1.42m from last month.