South Africa's net reserves fall to $53,813bn in June

South Africa's net reserves fell to $53,813bn in June from $54,431bn in May, the Reserve Bank said.

By Alexander Winning and Anait Miridzhanian

7 Jul 2022

Source: centralbanking.com

Source: centralbanking.com

Gross reserves also fell to $58,923bn in June from $59,258bn in May. The forward position, which represents the central bank's unsettled or swap transactions, dropped to $2,383bn from $2,836bn.

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