The South African Reserve Bank published its monthly statement of assets and liabilities as at 30 June 2026, showing total assets and total equity and liabilities of ZAR 1.273 trillion, down ZAR 27.3 billion from the end of May. The main movement was a ZAR 29.3 billion decline in gold and foreign assets to ZAR 1.213 trillion, led by a ZAR 30.3 billion fall in the value of gold holdings as the rand price per fine ounce dropped to ZAR 65,962.81 from ZAR 73,464.50. Within the foreign asset position, Special Drawing Rights holdings rose by ZAR 711.9 million and foreign exchange reserves excluding SDRs increased by ZAR 252.4 million. Domestic assets increased modestly, with utilisation of cash reserves rising to ZAR 2.48 billion from ZAR 31.9 million and South African government securities increasing to ZAR 39.46 billion, while loans and advances fell to ZAR 1.43 billion. On the liabilities side, the reserve account declined by ZAR 41.4 billion to ZAR 276.9 billion, bank deposits increased by ZAR 8.9 billion to ZAR 384.6 billion, notes and coin in circulation rose by ZAR 580.4 million to ZAR 176.5 billion, and other liabilities increased by ZAR 12.8 billion to ZAR 21.1 billion.
South African Reserve Bank2026-07-07
South African Reserve Bank publishes June balance sheet with total assets and liabilities down ZAR 27.3 billion
The South African Reserve Bank's statement of assets and liabilities for 30 June 2026 showed total assets and liabilities of ZAR 1.273 trillion, down ZAR 27.3 billion from May. The decline was driven mainly by a ZAR 30.3 billion fall in gold holdings as the rand price of gold dropped, partly offset by small increases in SDR holdings and foreign exchange reserves excluding SDRs. Bank deposits rose while the reserve account fell sharply.