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$m Jul-25 300,753.6 11.8 296,396.1 9.7
Money Supply (M2) 3/ 4/ S$m Jul-25 867,589.2 9.2 857,880.2 7.8
Singapore Overnight Rate Average % p.a Jul-25 1.75 -1.68 1.56 -1.87
3-month Compounded Singapore Overnight Rate Average  % p.a Jul-25 1.85 -1.79 2.05 -1.58
12-week MAS Bill Rate % p.a Jul-25 1.72 -2.00 2.06 -1.84
5-year Govt Bond Interest Rate % p.a Jul-25 1.78 -1.02 1.80 -1.39
Exchange Rate S$ per US$ (as at end-month) S$ per US$ Jul-25 1.2947 -3.6 1.2758 -6.1
Official Foreign Reserves at end of year S$m 2024 506,710.4 9.4 463,044.3 19.3
Exchange Rate S$ per US$ (as at end of period) S$ per US$ 2024 1.3603 3.2 1.3186 -1.9
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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