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$m Nov-25 312,217.6 10.1 313,298.1 12.7
Money Supply (M2) 3/ 4/ S$m Nov-25 870,182.2 5.7 875,433.1 7.1
Singapore Overnight Rate Average % p.a Dec-25 0.89 -1.22 1.05 -2.03
3-month Compounded Singapore Overnight Rate Average % p.a Dec-25 1.19 -1.85 1.25 -1.96
12-week MAS Bill Rate % p.a Dec-25 1.58 -1.66 1.42 -1.82
5-year Govt Bond Interest Rate % p.a Dec-25 1.84 -0.98 1.75 -0.98
Exchange Rate S$ per US$ (as at end-month) S$ per US$ Dec-25 1.2841 -5.6 1.2965 -3.2
Official Foreign Reserves at end of year S$m 2025 526,326.0 3.9 506,710.4 9.4
Exchange Rate S$ per US$ (as at end of period) S$ per US$ 2025 1.2841 -5.6 1.3603 3.2
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 2024 6 na 6 na
Foreign 5/ Number 2024 126 na 126 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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