Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
South AfricaSouth Africa Foreign Exchange Reserves climbed to 75.95B in August 2026
FMPMonthlyReleased September 2026
South Africa Foreign Exchange Reserves climbed to 75.95B in August 2026, released September 2026, up 2.5B from July's 73.45B reading. The reading matched the 72.4B consensus. Year-over-year, the indicator is up 5.53B. Over the past 3 months, Foreign Exchange Reserves averaged 73.78B, vs 77.14B in the prior 3-month window. The reading is in the 76th percentile of the trailing 24-month range.
Latest Release
75.95
Actual
72.4
Consensus
73.45
Previous
Median Absolute Error
±1.64 billion
across last 12 releases
Last Call
Sep 2026
Predicted: 72.19
Actual: 75.95
Error: -3.76
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| BTC/USD | ▲ Direct | +0.57 | CRYPTO | Moves with | → View |
| S&P 500 | ▲ Direct | +0.52 | INDEX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Foreign Exchange Reserves (South Africa) was reported at 75.95 billion in September 2026. This beat the market consensus of 72.40 billion by 3.55 billion. The reading rose from the previous value of 73.45 billion. Trailing 12-month context per ETL data through September 2026. Over the past 12 months, the indicator has averaged 75.45 billion, ranging from 69.74 billion to 81.06 billion across 9 releases.
WHY IT MATTERS
The trailing three releases averaged 74.50 billion, down from the prior three at 79.28 billion. Volatility over the past year (σ 3.42 billion) is higher than the prior year (σ 2.08 billion). In September readings over the past 3 years, Foreign Exchange Reserves has averaged 69.86 billion.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Bullish BTC). A secondary relationship exists with S&P 500, positively correlated (Bullish S&P 500). Over the last 12 releases, the Sigmacast model's median absolute error is 1.64 billion.
WHAT TO WATCH NEXT
The next release is scheduled for October 7, 2026. Same-country events in the next 14 days include Inflation Rate MoM (Sep 23) and Inflation Rate YoY (Sep 23).
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
SHARE
Foreign Exchange Reserves - ZA
Loading chart data...
About Foreign Exchange Reserves — South Africa
DEFINITION
Foreign Exchange Reserves refer to the amount of foreign currency held by a country's central bank. These reserves are used to maintain stability in the country's currency and to fulfill international payment obligations. They serve as a measure of a country's economic strength and ability to withstand external shocks. Foreign Exchange Reserves are an important financial indicator for investors and policymakers, providing insight into a country's monetary policy and its ability to manage its currency.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Aug 2026): actual 75.95 B, consensus 72.4 B. Prior reading (Jul 2026): 73.45 B. Before that (Jun 2026): 74.11 B.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with BTC/USD (Bullish BTC, r=0.57) — a useful reference for crypto-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - ZA Events
| Wednesday, September 16, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 08:00 | ZA | Inflation Expectations | 4.2 | 4.4 | 4.40 | Low | |
| 11:00 | ZA | Retail Sales MoM | -0.6 | 0.7 | 1.65 | Low | |
| 11:00 | ZA | Retail Sales YoY | 1.6 | -3 | -2.70 | Low | |