December 2005 - Note on the redefinition of gold and other foreign reserves in the balance of payments
L Motsumi and Balance of Payments Division
Last Modified Date:
2020-10-01, 09:30 PM
Quarterly Bulletins > Articles and Notes
A country’s international reserve position is a key component of the balance of payments statistics. Recent developments necessitated reconsideration of the appropriateness of the international reserve asset definition used in South Africa. This note introduces the amended definition to users of economic statistics, and indicates which data series in the statistical tables of the Quarterly Bulletin have been changed.