South Africa and Singapore report higher foreign exchange reserves in August 2026

  • South Africa’s gross reserves rose to $75.95 billion, while Singapore’s official reserves reached SGD 550.73 billion in August 2026.
  • South Africa’s gold reserves increased to $17.995 billion and its forward position fell to $0.565 billion; Singapore’s gold and foreign exchange holdings rose to SGD 540.73 billion.
  • Singapore’s SDR holdings and IMF reserve position declined slightly, while its reserves exceeded SGD 502.02 billion recorded in August 2025.

South Africa’s gross foreign exchange reserves rose to $75.95 billion in August 2026 from $73.45 billion in July, the highest level since May, driven by gold-price gains, maturing liquidity-management contracts and valuation adjustments, partly offset by government foreign exchange payments. Singapore’s official reserves increased to SGD 550.73 billion from SGD 549.30 billion, as gold and foreign exchange holdings rose to SGD 540.73 billion and outweighed declines in special drawing rights and its IMF reserve position.

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