Foreign exchange reserves in South Africa increased to an all-time high of USD 58.41 billion in August of 2021 from USD 54.46 billion in the previous month. The increases in the gross reserves and the international liquidity position were mainly due to the issuance of the SDR allocation by the IMF to South Africa of SDR 2,9 billion (USD 4,2 billion) and matured foreign exchange swaps conducted for sterilisation purposes. source: South African Reserve Bank
Foreign Exchange Reserves in South Africa averaged 32546.63 USD Million from 1998 until 2021, reaching an all time high of 58408 USD Million in August of 2021 and a record low of 5316 USD Million in September of 1998. 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 - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Foreign Exchange Reserves in South Africa is expected to be 58000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Foreign Exchange Reserves is projected to trend around 57000.00 USD Million in 2022 and 58000.00 USD Million in 2023, according to our econometric models.