Official Reserve AssetsJanuary 2016

Release date: 5 February 2016

Table 1: Presents data on official reserve assets denominated in Australian dollars.

Table 2: Expresses these figures in US dollar terms.

Changes in the value of official reserve assets reflect purchases and sales (including swaps) of foreign exchange by the Reserve Bank, earnings on foreign securities and valuation effects arising from changes in the foreign currency value of the assets and exchange rates.

Table 1: Official Reserve Assets
(A$ million)
End of Foreign
exchange
SDRs Reserve
position in
the IMF
Gold Total
2014
Nov 50,578 5,081 2,508 3,576 61,743
Dec 54,474 5,203 2,273 3,754 65,705
2015
Jan 50,746 5,302 2,331 4,158 62,537
Feb 52,872 5,315 2,135 4,000 64,322
Mar 63,367 5,305 1,835 3,992 74,500
Apr 57,092 5,124 1,772 3,797 67,785
May 62,051 5,305 1,836 3,992 73,184
Jun 55,652 5,911 1,805 3,915 67,282
Jul 57,100 6,057 1,888 3,866 68,911
Aug 58,865 6,241 1,989 4,076 71,170
Sep 60,226 6,350 2,015 4,080 72,670
Oct 52,019 6,214 1,973 4,131 64,337
Nov 56,539 5,955 1,921 3,792 68,208
Dec 56,081 5,726 1,900 3,733 67,440
2016
Jan 49,743 5,873 1,948 4,020 61,585
Table 2: Official Reserve Assets
(US$ million)
End of Foreign
exchange
SDRs Reserve
position in
the IMF
Gold Total
2014
Nov 42,946 4,314 2,130 3,037 52,426
Dec 44,680 4,268 1,865 3,079 53,891
2015
Jan 39,485 4,126 1,814  3,236 48,660
Feb 41,197 4,141 1,664 3,117 50,119
Mar 48,375 4,050 1,401 3,047 56,873
Apr 45,565 4,089 1,414 3,030 54,099
May 47,549 4,065 1,407 3,059 56,081
Jun 42,741 4,539 1,386 3,006 51,672
Jul 41,649 4,418 1,377 2,820 50,264
Aug 42,082 4,461 1,422 2,914 50,879
Sep 42,218 4,451 1,412 2,860 50,942
Oct 36,928 4,411 1,401 2,933 45,673
Nov 40,646 4,281 1,381 2,726 49,034
Dec 40,973 4,184 1,388 2,727 49,272
2016
Jan 35,318 4,170 1,383 2,854 43,726

Notes

  1. The A$ values shown for SDRs and Reserve position in the IMF are at the IMF basket valuation for the SDR, which is published in terms of US dollars and crossed with the representative rate for the Australian dollar in terms of the US dollar. Gold is valued at the Australian dollar equivalent of the 3 pm price fix in the London gold market on the last business day of the month. The foreign currency value of other overseas assets is based, where applicable, on market quotations; accrued interest is normally taken into account. Conversion to Australian dollar equivalent normally is based on end month market rates of exchange. Figures in Table 2 have been converted to US dollar values using the end-month AUD/USD exchange rate.
  2. The sum of gold and foreign exchange may differ from figures reported in the weekly Statement of Liabilities and Assets and the Bank's Annual Report. From 1 July 1996, foreign currency securities sold under repurchase agreements are retained for accounting purposes as foreign currency investments in the Bank's balance sheet, along with the cash received under repurchase agreements, in accordance with standard accounting treatment. For the purpose of reporting foreign exchange reserves in this table, however, the cash received from securities sold under repurchase agreements is excluded.
  3. The sum of components may not reconcile with the total amount for Official Reserve Assets due to rounding.
  4. Additional data on Australia's International Reserves will be available on the Reserve Bank's web site towards the end of the month.