Items Unit Latest Period Latest Data % Change
(Y-o-Y)  1/
Previous
Period Data
% Change
(Y-o-Y)  2/
Finance and Insurance            
Money Supply (M1) 3/ 4/ S$m Aug-23 259,096.3 -5.6 256,201.7 -7.9
Money Supply (M2) 3/ 4/ S$m Aug-23 785,065.5 4.2 781,023.7 3.1
Singapore Overnight Rate Average % p.a Aug-23 3.78 1.47 3.55 1.42
3-month S$ SIBOR % p.a Aug-23 4.06 1.39 4.09 1.61
12-week MAS Bill Rate % p.a Aug-23 4.07 1.23 4.12 1.45
5-year Govt Bond Interest Rate % p.a Aug-23 3.11 0.20 2.98 0.41
Exchange Rate S$ per US$ (as at end-month) S$ per US$ Aug-23 1.3503 -3.2 1.3318 -3.4
Official Foreign Reserves at end of year S$m 2022 388,256.1 -31.1 563,338.8 17.6
Exchange Rate S$ per US$ (as at end of period) S$ per US$ 2022  1.3446 -0.5 1.3517 2.2
Items Unit Latest Period Latest Data % Change
(Y-o-Y)  1/
Previous
Period Data
% Change
(Y-o-Y)  2/
Commercial Banks





Local 5/ 6/ Number 2022 4 na 4 na
Foreign 5/ Number 2022 127 na 127 na

Data are preliminary when first released.
na not available or not applicable.
1 Refers to % change in latest period over the same period in the previous year.
2 Refers to % change in the previous period over the same period in the previous year.
3 Data have been revised from Jul 2021 following changes to the MAS Notice 610.
4 Data prior to Jul 2021 on a comparable basis with the Jul 2021 data are not available.
5 At end of period.
6 All local banks are full banks.


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