Official Reserve AssetsSeptember 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, Australia's transactions with the International Monetary Fund (IMF) 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 Other reserve assets Total
2020
Jul 45,633 6,163 2,998 4,703 456 59,953
Aug 44,921 6,091 2,964 5,031 664 59,671
Sep 45,653 6,173 3,347 5,782 603 61,558
Oct 45,913 6,250 3,524 5,391 502 61,580
Nov 44,568 6,012 3,390 4,201 559 58,730
Dec 41,714 5,832 3,288 4,397 607 55,838
2021
Jan 40,664 5,821 3,309 4,218 817 54,829
Feb 42,089 5,717 3,249 4,351 959 56,365
Mar 48,427 5,763 3,218 4,561 1,254 63,224
Apr 46,590 5,710 3,335 4,952 947 61,535
May 46,218 5,770 3,373 5,839 925 62,126
Jun 49,617 5,459 3,423 5,568 1,066 65,134
Jul 48,457 5,564 3,621 5,873 894 64,408
Aug 51,025 17,797 3,631 5,716 898 79,066
Sep 53,019 18,806 3,642 5,587 1,087 82,142
Table 2: Official Reserve Assets
(US$ million)
End of Foreign
exchange
SDRs Reserve
position in
the IMF
Gold Other reserve assets Total
2020
Jul 32,915 4,445 2,162 3,392 329 43,245
Aug 33,035 4,479 2,180 3,700 488 43,882
Sep 32,450 4,388 2,379 4,110 429 43,755
Oct 32,341 4,403 2,482 3,797 354 43,377
Nov 32,949 4,445 2,506 3,106 413 43,419
Dec 32,128 4,492 2,532 3,387 468 43,006
2021
Jan 31,088 4,450 2,530 3,225 624 41,917
Feb 32,952 4,476 2,544 3,406 751 44,129
Mar 36,814 4,381 2,446 3,467 954 48,063
Apr 36,229 4,440 2,593 3,851 736 47,849
May 35,704 4,457 2,606 4,511 715 47,993
Jun 37,302 4,104 2,573 4,186 802 48,967
Jul 35,766 4,107 2,673 4,335 660 47,540
Aug 37,427 13,054 2,663 4,193 659 57,995
Sep 38,206 13,552 2,625 4,026 783 59,191

Notes

  • ‘Other reserve assets’ include the market value of derivatives with non-resident entities, holdings in the Asian Bond Fund, and loans to the IMF's Poverty Reduction and Growth Trust (PRGT).
  • 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.
  • 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. Holdings in the Asian Bond Fund and the market value of derivatives with non-resident entities are included in Other Reserve Assets for the purposes of reporting official reserve assets but are included under Gold and Foreign Exchange for reporting on RBA's balance sheet.
  • 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.
  • Additional data on Australia's Foreign Exchange Transactions and Holdings of Official Reserve Assets will be available on the Reserve Bank's website on the third Thursday of the month and data on International Reserves and Foreign Currency Liquidity will be available on the last business day of the month.
  • 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’.