Singapore Feb Foreign Reserves US$163.55 Billion Vs US$167.09 Billion Jan

Singapore Feb Foreign Reserves US$163.55 Billion Vs US$167.09 Billion Jan

SINGAPORE -(Dow Jones)- Singapore's foreign reserves fell to US$163.55 billion at the end of February from US$167.09 billion a month earlier and was lower than US$171.74 billion a year earlier, the Monetary Authority of Singapore said Monday.

In Singapore dollar terms, the reserves were S$252.78 billion in February compared with S$252.57 billion in January and S$239.36 billion a year earlier, the central bank said on its Web site.

The central bank doesn't explain changes in its monthly reserves position.

-By Se Young Lee, Dow Jones Newswires; 65 6415 4155; vincent.lee@dowjones.com

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(END) Dow Jones Newswires

March 09, 2009 05:23 ET (09:23 GMT)


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