RTTNews - Tuesday, the Monetary Authority of Singapore announced that the total official foreign reserves increased to US$173.19 billion in June from US$171.75 billion in May.

In Singapore dollars, the total official reserves grew to S$250.8 billion in June from S$248.27 billion in the preceding month. The gold and foreign exchange reserves increased to S$249.9 billion from S$247.4 billion in May, while the reserve position in the IMF moved up to S$313.9 million from S$312.5 million. However, the SDRs remained unchanged at S$534.8 million.

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