Foreign exchange reserves in South Africa was at USD 52.77 billion in May 2020, little-changed from AUD 53.0 billion in the previous month. The latest reading reflected the foreign exchange payments made on behalf of the government, an increase in the USD gold price, and valuation adjustments due to asset price and foreign currency movements.
Foreign Exchange Reserves in South Africa averaged 31314.83 USD Million from 1998 until 2020, reaching an all time high of 55058 USD Million in December of 2019 and a record low of 5316 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 July of 2020. source: South African Reserve Bank
Foreign Exchange Reserves in South Africa is expected to be 53000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Foreign Exchange Reserves in South Africa to stand at 53300.00 in 12 months time. In the long-term, the South Africa Foreign Exchange Reserves is projected to trend around 54500.00 USD Million in 2021 and 54000.00 USD Million in 2022, according to our econometric models.