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RESERVE BANK OF AUSTRALIA

Official Reserve Assets

September 2014

Release date: 8 October 2014

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
2013
Jul 44,109 4,858 2,773 3,734 55,475
Aug 44,097 4,912 2,708 4,002 55,720
Sep 41,942 4,772 2,598 3,658 52,971
Oct 45,976 5,053 2,566 3,582 57,177
Nov 48,480 5,250 2,613 3,540 59,883
Dec 47,978 5,347 2,712 3,447 59,485
2014
Jan 41,396 5,430 2,763 3,665 53,254
Feb 40,251 5,121 2,628 3,806 51,806
Mar 51,124 4,943 2,542 3,597 62,206
Apr 51,125 4,926 2,511 3,562 62,125
May 54,205 4,879 2,558 3,445 65,087
Jun 52,100 4,690 2,498 3,584 62,872
Jul 51,998 4,704 2,473 3,539 62,714
Aug 49,433 4,646 2,433 3,531 60,043
Sep 49,947 4,862 2,513 3,569 60,891
Table 2: Official Reserve Assets (US$ million)
End of Foreign
exchange
SDRs Reserve
position in
the IMF
Gold Total
2013
Jul 39,861 4,391 2,506 3,375 50,133
Aug 39,454 4,395 2,423 3,581 49,852
Sep 39,044 4,443 2,418 3,406 49,310
Oct 43,631 4,795 2,435 3,399 54,261
Nov 44,054 4,770 2,375 3,217 54,416
Dec 42,931 4,785 2,427 3,085 53,227
2014
Jan 36,276 4,758 2,421 3,212 46,667
Feb 36,012 4,582 2,352 3,406 46,351
Mar 47,141 4,558 2,344 3,316 57,360
Apr 47,480 4,575 2,332 3,308 57,695
May 50,514 4,547 2,384 3,211 60,655
Jun 49,078 4,418 2,353 3,376 59,225
Jul 48,483 4,386 2,306 3,300 58,475
Aug 46,215 4,344 2,275 3,301 56,134
Sep 43,714 4,256 2,199 3,123 53,292

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, in accordance with standard accounting treatment. For the purpose of reporting foreign exchange reserves in this table, however, securities sold under repurchase agreements are excluded.
  3. The sum of components may not reconcile with the total amount for Official Reserve Assets due to rounding and the net value of swap transactions with the Federal Reserve as part of the USD Swap Facility.
  4. Additional data on Australia's International Reserves will be available on the Reserve Bank's web site towards the end of the month.