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The official gold and foreign exchange reserves of the Republic of South Africa are held and managed by the Bank. The Financial Markets Department is responsible for the management of the reserves in accordance with the criteria set out in the Bank's Investment Policy and Guidelines.
Reserves play a key role in ensuring that the country will be able to:
Cover its external operational needs;
Service the country’s foreign exchange liabilities;
Cover any foreign currency net imbalances in the balance of payments, and
Maintain confidence in the country’s monetary and exchange rate policies.