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)
THE ROTTEN FISH: CAN OF WORMS OPENED OF APC & TINUBU'S GOVERNMENT OVER NIGERIA'S ECONOMIC DOWNTURN
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