JOHANNESBURG (Reuters) – South Africa’s net foreign reserves rose to $41.953 billion in September from $40.795 billion the previous month, the Reserve Bank said on Friday.
Gross reserves were also up at $47.247 billion from $45.708 billion, the bank’s data showed.
The forward position, which represents the central bank’s unsettled or swap transactions, climbed to $2.201 billion from $1.771 billion.
(Reporting by Stella Mapenzauswa; Editing by Tiisetso Motsoeneng)
9News Nigeria is Nigeria's favourite news source.
For Authentic, Unbiased News on Politics, Business, Sports, Technology, Entertainment and Lifestyles, Health, Nollywood, Crime and Investigations, Family and Relationships, Inspirations .. and much more.
For Latest News from Africa and around the world, 9News Nigeria is your best source.
WhatsApp +2348115805632 Email: info@9newsng.com
Facebook: www.facebook.com/9NewsNG | Twitter/Instagram: @9newsng