Economy News South Africa

South Africa's net foreign reserves rise to $54.844bn in January

South Africa's net foreign reserves rose to $54.844bn in January from $53.827bn in December, the Reserve Bank said on Tuesday.
Source: Reuters.
Source: Reuters.

Gross reserves also increased to $61.864bn in January from $60.570bn in December.

The forward position, which represents the central bank's unsettled or swap transactions, rose to $0.555bn from $0.554bn.

Source: Reuters

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