The South African Reserve Bank (SARB) published its template on international reserves and foreign currency liquidity for end-April 2025, reporting official reserve assets of USD 67,585 million and setting out the short-term foreign-currency assets and liabilities of the SARB and South Africa’s central government. Foreign currency reserves totalled USD 47,473 million, comprising securities of USD 35,829 million and deposits of USD 11,644 million. Deposits were mainly with banks headquartered outside South Africa at USD 11,540 million, while USD 104 million was held with other central banks, the Bank for International Settlements and the IMF. The remaining official reserve assets comprised an IMF reserve position of USD 885 million, Special Drawing Rights of USD 6,035 million and gold valued at USD 13,192 million. A memorandum item split reserves into USD 64,278 million in SDR-basket currencies (including gold) and USD 3,307 million in other currencies, and the template reiterated that foreign-currency reserves placed with fund managers have been classified as securities since January 2013. Predetermined one-year outflows on central government foreign-currency loans, securities and deposits were reported at USD 3,912 million in principal and USD 1,785 million in interest, including USD 517 million of principal and USD 160 million of interest due within one month. The template also reported a net long position in foreign-currency forwards and futures of USD 791 million and other accounts receivable of USD 49 million, alongside contingent other foreign-currency liabilities of USD 989 million within one year (central government principal USD 585 million and interest USD 404 million).
South African Reserve Bank 2025-05-30
South African Reserve Bank publishes end-April 2025 reserves template reporting USD 67,585 million in official reserve assets
The South African Reserve Bank (SARB) released its international reserves and foreign currency liquidity template for April 2025, reporting official reserve assets of USD 67,585 million. Foreign currency reserves totaled USD 47,473 million, with significant holdings in securities and deposits. Predetermined one-year outflows on central government foreign-currency loans and securities were USD 3,912 million in principal and USD 1,785 million in interest.