Australian Official Reserves

The RBA today published the monthly stats on their official reserves. Shows that Australia has $41 billion (US) in official reserves; $33 billion (US) in foreign currency, $4.9 billion (US) in SDR (or special drawing rights with the IMF), $2.8 billion (US) in Gold and the rest in IMF reserves. So all looks good for the solvency of Australia. But the size of a country's reserves don't necessarily give an indication of how well their economy is performing. According to the website of the IMF, Japan is the number two country in regards to size of central bank reserves ($1 trillion US) and their economy is experiencing negative economic growth. China is number 1 with over $2 trillion US in foreign reserves (however, is not a member of the IMF and hence isn't reported there)
What is interesting is the growth in SDR's in Australia. In August 09, Australia's value of SDRs went from $174 million to $3.9 billion. This was due to the IMF allocating more SDRs to member countries as a way of boosting global liquidity during the GFC. An SDR is a security, issued by the IMF, that can be exchanged for foreign currency (US dollars, Japanese Yen, Euro and British Pound).