You are currently viewing our desktop site, do you want to visit our Mobile web app instead?
 Registered users can save articles to their personal articles list. Login here or sign up here

SA’s net foreign reserves rise to $43.940bn in June

From $43.178 billion in May.

South Africa‘s net foreign reserves rose to $43.940 billion in June from $43.178 billion in May, the Reserve Bank said on Friday.

Gross reserves also surged to $49.804 billion at the end of June from $48.329 billion in the prior month, central bank data showed.

But the forward position, which represents the central bank’s unsettled or swap transactions, dropped to $376 million in June from $1.152 billion in May. 

Get access to Moneyweb's financial intelligence and support quality journalism for only
R63/month or R630/year.
Sign up here, cancel at any time.

COMMENTS   1

To comment, you must be registered and logged in.

LOGIN HERE

Don't have an account?
Sign up for FREE

I have been looking for some good news for a long time.

Maybe this is?

End of comments.

LATEST CURRENCIES  

USD / ZAR
GBP / ZAR
EUR / ZAR

Podcasts

SHOP NEWSLETTERS TRENDING CPD HUB

Follow us:

Search Articles:Advanced Search
Click a Company: