The South African Reserve Bank published an information notice detailing the US dollar equivalent of its official gold and foreign exchange reserves, Special Drawing Rights (SDRs), and foreign currency deposits received from customers as at 31 July 2025. Gross reserves increased to USD 69.161bn from USD 68.415bn at 30 June 2025, while the international liquidity position decreased slightly to USD 65.143bn from USD 65.216bn. Gold reserves rose by USD 93m to USD 13.332bn and foreign exchange reserves increased by USD 743m to USD 49.395bn, while SDR holdings fell by USD 90m to USD 6.434bn. Foreign currency deposits received from customers increased to USD 4.553bn (from USD 3.731bn) and the forward position was USD 535m. The changes in gross reserves and the international liquidity position were mainly attributed to a USD 1.5bn foreign exchange loan from the International Bank for Reconstruction and Development (World Bank) on behalf of government, a higher US dollar gold price and asset price movements, partly offset by US dollar appreciation and foreign exchange payments on behalf of government including repayment of a USD 525.5m International Monetary Fund loan.
South African Reserve Bank 2025-08-07
South African Reserve Bank reports gross reserves up to USD 69.2bn and international liquidity position at USD 65.1bn as at 31 July 2025
The South African Reserve Bank reported an increase in gross reserves to USD 69.161 billion as of 31 July 2025, driven by a USD 1.5 billion foreign exchange loan from the World Bank and higher gold prices. Gold reserves rose by USD 93 million, and foreign exchange reserves increased by USD 743 million, while SDR holdings decreased by USD 90 million. The international liquidity position decreased to USD 65.143 billion, influenced by US dollar appreciation and foreign exchange payments, including a USD 525.5 million IMF loan repayment.