Foreign exchange reserves excluding gold reached 45.5 USD bil in 2017 in South Africa, according to the National Statistical Office. This is 6.89 % more than in the previous year.
Historically, foreign exchange reserves excluding gold in South Africa reached an all time high of 45.5 USD bil in 2017 and an all time low of 0.091 USD bil in 1960. When compared to South Africa's main peers, foreign exchange reserves excluding gold in Botswana amounted to 7.49 USD bil, 0.658 USD bil in Lesotho, 2.43 USD bil in Namibia and 0.563 USD bil in Swaziland in 2017.
South Africa has been ranked 38th within the group of 151 countries we follow in terms of foreign exchange reserves excluding gold, 2 places behind the position seen 10 years ago.
FX reserves in a strict sense are "only" the foreign currency deposits and bonds held by central banks and monetary authorities.