Official Reserve AssetsJune 2021

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)
This table presents Australian dollar data on the level and composition of the Reserve Bank's Official Reserve Assets (ORA) holdings as at the end of the relevant month. Total ORA is disaggregated into foreign exchange, Special Drawing Rights, the reserve position in the International Monetary Fund and gold.
End of Foreign
exchange
SDRs Reserve
position in
the IMF
Gold Total
2020
Apr 48,511 6,561 2,755 5,399 63,226
May 46,119 6,479 3,152 5,063 60,813
Jun 47,455 6,351 3,090 4,612 61,508
Jul 46,089 6,163 2,998 4,703 59,952
Aug 45,585 6,091 2,964 5,031 59,671
Sep 46,256 6,173 3,347 5,782 61,558
Oct 46,415 6,250 3,524 5,391 61,581
Nov 45,127 6,012 3,390 4,201 58,730
Dec 42,321 5,832 3,288 4,397 55,839
2021
Jan 41,481 5,821 3,309 4,218 54,829
Feb 43,048 5,717 3,249 4,351 56,364
Mar 49,678 5,763 3,218 4,561 63,220
Apr 47,534 5,710 3,335 4,952 61,532
May 47,140 5,770 3,373 5,839 62,122
Jun 50,284 5,459 3,423 5,568 64,734
Table 2: Official Reserve Assets
(US$ million)
End of Foreign
exchange
SDRs Reserve
position in
the IMF
Gold Total
2020
Apr 31,852 4,308 1,809 3,545 41,514
May 30,711 4,314 2,099 3,371 40,495
Jun 32,568 4,359 2,120 3,165 42,213
Jul 33,244 4,445 2,162 3,392 43,244
Aug 33,523 4,479 2,180 3,700 43,882
Sep 32,879 4,388 2,379 4,110 43,755
Oct 32,695 4,403 2,483 3,798 43,378
Nov 33,362 4,445 2,506 3,106 43,419
Dec 32,596 4,492 2,533 3,386 43,007
2021
Jan 31,712 4,451 2,530 3,224 41,917
Feb 33,702 4,476 2,544 3,406 44,128
Mar 37,765 4,381 2,447 3,467 48,060
Apr 36,963 4,440 2,593 3,851 47,847
May 36,415 4,457 2,606 4,511 47,989
Jun 37,803 4,104 2,573 4,186 48,667

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 and cash lent under repurchase agreements as well as gold lent under gold loan transactions are retained for accounting purposes as foreign currency investments in the Bank's balance sheet, along with cash received under repurchase agreements, in accordance with standard accounting treatment. For the purpose of reporting foreign exchange reserves in this table, however, securities sold and cash lent under repurchase agreements are excluded along with gold lent under gold loan transactions. Foreign currency securities received under repurchase agreements are excluded from both the RBA's balance sheet and from official reserve assets.
  3. The above data are based on information available at the time of publication and are subject to revision. 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 and Foreign Currency Liquidity will be available on the Reserve Bank's web site towards the end of the month.
  5. For information on changes to the RBA's methodology for compiling Australia's foreign reserve holdings from January 2015, please see ‘Reporting Australia's Foreign Reserve Holdings’.