Gross foreign exchange reserves in South Africa fell to $69.74 billion in September 2025, following a record high of $70.42 billion in the previous month. The decline came amid a decrease in foreign currency reserves ($47.795 billion vs. $50.160 billion in August). Meanwhile, increases were observed in gold reserves ($15.383 billion vs. $13.757 billion) and SDR holdings ($6.561 billion vs. $6.499 billion). Additionally, the forward position, representing the central bank's unsettled or swap transactions, rose sharply to $1.178 billion in September from $0.535 billion in the previous month. source: South African Reserve Bank

Foreign Exchange Reserves in South Africa decreased to 69739 USD Million in September from 70420 USD Million in August of 2025. Foreign Exchange Reserves in South Africa averaged 36904.85 USD Million from 1998 until 2025, reaching an all time high of 70416.00 USD Million in August of 2025 and a record low of 5316.00 USD Million in September of 1998. This page provides the latest reported value for - South Africa Foreign Exchange Reserves - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Africa Foreign Exchange Reserves - data, historical chart, forecasts and calendar of releases - was last updated on October of 2025.

Foreign Exchange Reserves in South Africa decreased to 69739 USD Million in September from 70420 USD Million in August of 2025. Foreign Exchange Reserves in South Africa is expected to be 74000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Foreign Exchange Reserves is projected to trend around 77000.00 USD Million in 2026 and 74600.00 USD Million in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-09-05 06:00 AM
Foreign Exchange Reserves
Aug $70.42B $69.16B $69.5B
2025-10-07 06:00 AM
Foreign Exchange Reserves
Sep $69.74B $70.42B $71.0B
2025-11-07 06:00 AM
Foreign Exchange Reserves
Oct $69.74B



Related Last Previous Unit Reference
Banks Balance Sheet 8545462.00 8435375.00 ZAR Million Aug 2025
Central Bank Balance Sheet 1261678.00 1303384.00 ZAR Million Sep 2025
Foreign Exchange Reserves 69739.00 70416.00 USD Million Sep 2025
Interbank Rate 6.86 6.85 percent Oct 2025
Interest Rate 7.00 7.00 percent Sep 2025
Lending Rate 10.50 10.50 percent Sep 2025
Loans to Private Sector 5042337.00 4990863.00 ZAR Million Aug 2025
Money Supply M0 485522.00 482266.00 ZAR Million Aug 2025
Money Supply M1 2941889.00 2929393.00 ZAR Million Aug 2025
Money Supply M2 4642777.00 4604421.00 ZAR Million Aug 2025
M3 Money Supply YoY 5624450.00 5619244.00 ZAR Million Aug 2025

South Africa Foreign Exchange Reserves
In South Africa, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans.
Actual Previous Highest Lowest Dates Unit Frequency
69739.00 70416.00 70416.00 5316.00 1998 - 2025 USD Million Monthly
Current Prices, NSA

Compare Foreign Exchange Reserves by Country

News Stream
South Africa Forex Reserves Slip from Record High
Gross foreign exchange reserves in South Africa fell to $69.74 billion in September 2025, following a record high of $70.42 billion in the previous month. The decline came amid a decrease in foreign currency reserves ($47.795 billion vs. $50.160 billion in August). Meanwhile, increases were observed in gold reserves ($15.383 billion vs. $13.757 billion) and SDR holdings ($6.561 billion vs. $6.499 billion). Additionally, the forward position, representing the central bank's unsettled or swap transactions, rose sharply to $1.178 billion in September from $0.535 billion in the previous month.
2025-10-07
South Africa Forex Reserves Rise to New Peak
Gross foreign exchange reserves in South Africa rose to a new historical high of $70.420 billion in August 2025 from $69.161 billion in the previous month. The increase was mainly driven by higher gold reserves ($13.757 billion vs $13.332 billion in July), foreign currency reserves ($50.160 billion vs $49.395 billion) and SDR holdings ($6.499 billion vs $6.434 billion). Additionally, the forward position, representing the central bank’s unsettled or swap transactions, remained steady at $0.535 billion in August, unchanged from the preceding period.
2025-09-05
South Africa Forex Reserves Post Historical High
Gross foreign exchange reserves in South Africa rose to a fresh record high of $69.161 billion in July 2025 from $68.415 billion in the previous month. This was driven by increases in gold reserves ($13.332 billion vs $13.239 billion in June) and foreign currency reserves ($49.395 billion vs $48.652 billion). Meanwhile, SDR holdings decreased by ($6.434 billion vs $6.524 billion). Additionally, the forward position, representing the central bank’s unsettled or swap transactions, increased to $0.535 billion in June from $0.532 billion in the prior month.
2025-08-07