South Africa’s net reserves rise to $40.826 billion in June

Comments (0) Africa, Business, Latest Updates from Reuters


JOHANNESBURG (Reuters) – South Africa’s net gold and foreign exchange reserves rose to $40.826 billion in June from $40.48 billion in May, Reserve Bank data showed on Thursday.

Gross reserves rose to $46.366 billion from $46.081 billion previously, the central bank said.

The forward position, which represents the central bank’s unsettled or swap transactions, edged down to $1.616 billion in June from $1.64 billion in May.


(Reporting by Olivia Kumwenda-Mtambo; Editing by Kevin Liffey)

Leave a Reply

Your email address will not be published. Required fields are marked *