Seychelles’ external reserves fell to $0.91bn in Aug 2026.

Higher is better. A larger stock of reserves gives a country more room to pay for imports, repay foreign debt and steady its currency in a shock, so higher is better. The latest figure, for August 2026, is $0.91bn, up from $0.87bn a year earlier, a rise of 4.5%. Since Sep 2024 the low was $0.75bn in November 2024 and the high was $0.93bn in May 2026. The current level therefore sits close to the top of that range.

Why it matters. A reserve stock of $0.91bn gives the central bank more capacity to meet import bills and foreign debt payments for Seychelles than it had in late 2024. Households benefit when this supports a stable rupee, since fuel, food and most consumer goods are bought abroad. Firms in tourism and trade rely on the same stability when they price contracts and pay overseas suppliers.