South Africa’s gross foreign reserves inched higher to USD 50.39 billion in September of 2018 from USD 49.85 billion in a month earlier. The increase reflected the matured foreign exchange swaps conducted for liquidity management purposes, which was partially offset by the foreign exchange payments made on behalf of the government and the decline in the US dollar gold prices.
Foreign Exchange Reserves in South Africa averaged 29662.73 USD Million from 1998 until 2018, reaching an all time high of 51889 USD Million in February of 2012 and a record low of 5316 USD Million in September of 1998.
In South Africa, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency.
They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. This page provides the latest reported value for – South Africa Foreign Exchange Reserves – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Africa Foreign Exchange Reserves – actual data, historical chart and calendar of releases – was last updated on September of 2018.