The South African Reserve Bank published its official gold and foreign exchange reserves data as at 28 February 2026, showing gross reserves increasing to USD 81.06bn from USD 80.19bn at 31 January 2026 and the international liquidity position rising to USD 75.84bn from USD 74.88bn. Gold reserves rose to USD 20.93bn (up USD 260m) and foreign exchange reserves to USD 53.50bn (up USD 643m), while Special Drawing Rights holdings declined to USD 6.63bn (down USD 36m). Foreign currency deposits received from customers stood at USD 5.80bn (from USD 5.88bn) and the forward position was USD 574m (up USD 10m). The SARB attributed the changes mainly to a higher USD gold price, asset price movements and foreign exchange purchases, partly offset by foreign exchange payments made on behalf of government.
South African Reserve Bank 2026-03-06
South African Reserve Bank reports gross reserves rising to USD 81.1bn at 28 February 2026
The South African Reserve Bank reported an increase in gross reserves to USD 81.06 billion as of 28 February 2026, up from USD 80.19 billion in January. Gold reserves rose to USD 20.93 billion, while foreign exchange reserves increased to USD 53.50 billion. The changes were primarily due to a higher USD gold price, asset price movements, and foreign exchange purchases, partially offset by government-related foreign exchange payments.