International Reserves in South Africa

South Africa International Reserves | Economic News & Forecasts

South Africa - International Reserves

South Africa’s economy has, slowly but surely, been on the mend since last year’s short-lived recession, but a number of potential setbacks threaten its further recovery. On the heels of last year’s household spending- and net export-led fourth quarter, available first-quarter indicators have been downbeat; lower inflation has done little to bolster retail sales, while dwindling business confidence and feeble manufacturing output hint at another round of foregone outlays on machinery and equipment. More recently, however, Moody’s upheld its investment-grade credit rating on 2 April. That said, rolling blackouts—testament to Eskom’s mismanagement—and general elections scheduled for 8 May are each taking their toll. President Cyril Ramaphosa’s market-friendly reforms will be on the line, although opinion polls suggest that his African National Congress should secure another majority.

South Africa - International Reserves Data

2013  2014  2015  2016  2017  
International Reserves (USD)44.8  44.3  41.8  42.7  45.3  

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South Africa International Reserves Chart

South Africa International Reserves
Note: International reserves in months of imports.
Source: South African Reserve Bank and Met the why particular calculations.

South Africa Facts

Bond Yield8.470.29 %Apr 18
Exchange Rate14.18-0.21 %Apr 22
Stock Market0.5-0.44 %Apr 22

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