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South Africa Net FX Reserves (USD)

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South Africa Net FX Reserves (USD)

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Status

 
Latest Release
Oct 07, 2024
Actual
61.029B
Previous
60.141B
Total of a country's gold holdings and convertible foreign currencies held in its central bank. Usually includes foreign currencies themselves, other assets denominated in foreign currencies, and particular amount of special drawing rights (SDRs). A foreign exchange reserve is a useful precaution for countries exposed to financial crises. It can be used for the purpose of intervening in the exchange market to influence or peg the exchange rate.End of period. Up to the end of February 2004 referred to as the "net open position in foreign currency of the Reserve Bank".
Importance:
Country:
Currency: ZAR
Source: South African Reserve Bank
South Africa Net FX Reserves (USD)
 
Release Date Time Actual Forecast Previous
Nov 07, 2024 (Oct) 08:00     61.029B
Oct 07, 2024 (Sep) 08:00 61.029B   60.141B
Sep 06, 2024 (Aug) 08:00 60.141B   59.165B
Aug 07, 2024 (Jul) 08:00 59.165B   58.437B
Jul 05, 2024 (Jun) 08:00 58.437B   58.287B
Jun 07, 2024 (May) 08:00 58.287B   57.851B

News

South African Markets - Factors to watch on March 5
South African Markets - Factors to watch on March 5 By Reuters - Mar 05, 2021

JOHANNESBURG, March 5 (Reuters) - The following scheduled economic events, company announcements, equity and currency market moves may affect South African markets on Friday. ECONOMIC EVENTS - Net and...

Analysis

Net FX Reserves (USD) Discussion

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