Official Reserve AssetsApril 2020

Release date: 7 May 2020

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
2019
Feb 56,469 6,086 1,858 4,080 68,492
Mar 65,097 6,095 1,861 4,040 77,092
Apr 63,578 6,109 1,954 4,026 75,668
May 66,801 6,199 1,959 4,140 79,098
Jun 64,910 6,170 1,950 4,440 77,470
Jul 52,231 6,211 2,262 4,576 65,280
Aug 58,436 6,434 2,312 5,028 72,210
Sep 55,529 6,378 2,267 4,864 69,039
Oct 56,094 6,270 2,230 4,821 69,415
Nov 64,127 6,396 2,232 4,762 77,516
Dec 72,007 6,200 2,243 3,395 83,844
2020
Jan 59,883 6,416 2,326 4,679 73,303
Feb 69,170 6,587 2,386 5,454 83,597
Mar 75,694 6,964 2,562 5,342 90,562
Apr 48,506 6,561 2,755 5,399 63,221
Table 2: Official Reserve Assets
(US$ million)
End of Foreign
exchange
SDRs Reserve
position in
the IMF
Gold Total
2019
Jan 35,970 4,345 1,327 2,925 44,567
Feb 40,353 4,349 1,328 2,915 48,945
Mar 46,134 4,320 1,319 2,863 54,635
Apr 44,753 4,300 1,375 2,834 53,262
May 46,199 4,287 1,355 2,863 54,704
Jun 45,522 4,327 1,367 3,114 54,330
Jul 36,008 4,282 1,559 3,155 45,004
Aug 39,257 4,322 1,553 3,378 48,510
Sep 37,477 4,305 1,530 3,283 46,594
Oct 38,850 4,343 1,544 3,339 48,077
Nov 43,459 4,334 1,512 3,227 52,532
Dec 50,448 4,344 1,571 2,378 58,741
2020
Jan 40,265 4,314 1,564 3,146 49,289
Feb 45,127 4,297 1,557 3,558 54,539
Mar 46,741 4,300 1,582 3,298 55,922
Apr 31,849 4,308 1,809 3,545 41,511

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 tak en 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’.