South Africa’s (SA) gross foreign exchange reserves climbed to a record high of $75.89 billion In December 2025.
That’s up from just over $72 billion registered in November.
Gains were recorded across all reserve components.
With foreign currency reserves rising to $3.14 billion. Gold reserves were higher, driven up by the higher gold price.
Foreign exchange reserves serve as an important buffer for countries supporting the value of their local currency, being in a position to cover import payments and as a result bosting investor confidence by demonstrating a capacity to be able to meet foreign debt obligations.
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