The South African Reserve Bank published an information notice setting out the US dollar equivalent of its official gold and foreign exchange reserves, Special Drawing Rights holdings and foreign currency deposits received from customers as at 31 May 2025. Gross reserves were USD 68,116 million, up USD 531 million from 30 April 2025, and the international liquidity position increased to USD 64,804 million. Gold reserves rose to USD 13,277 million and SDR holdings to USD 6,439 million, while foreign exchange reserves increased to USD 48,400 million. Foreign currency deposits received from customers were reported at USD -3,840 million and the net forward position fell to USD 528 million from USD 791 million. The month-on-month changes in gross reserves and the international liquidity position mainly reflected a higher US dollar gold price, valuation adjustments and matured money market swaps conducted for liquidity management, partly offset by foreign exchange payments made on behalf of government.
South African Reserve Bank 2025-06-06
South African Reserve Bank reports end-May 2025 gross reserves of USD 68.1bn and international liquidity position of USD 64.8bn
The South African Reserve Bank reported an increase in gross reserves to USD 68,116 million as of 31 May 2025, up USD 531 million from the previous month. The international liquidity position rose to USD 64,804 million, driven by a higher US dollar gold price, valuation adjustments, and matured money market swaps. Gold reserves increased to USD 13,277 million, while foreign exchange reserves reached USD 48,400 million.