Subscribe & Follow

Advertise your job vacancies

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.

Share this article

NextOptions

Source: Reuters

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.

Go to: https://www.reuters.com/

Top stories

Source: Reuters.

FinanceGold leaps to record high, dollar drops as US prosecutors target Fed's Powell

3 hours

Source:

Marketing & MediaWPP turns decades of data into AI agents with new Agent Hub

9 hours

Buena Barnes, the new general manager for Philip Morris South Africa

HR & ManagementPhilip Morris SA appoints its first female GM

4 hours

Image source: osaba from

LegalWhen does prescription in medical malpractice cases begin? High Court clarifies

Mtho Maphumulo 3 hours

Former FNB CEO Michael Jordaan backs Adbot to build tools that multiply marketing capacity

Marketing & MediaFormer FNB CEO Michael Jordaan backs Adbot to build tools that multiply marketing capacity

AdBot 9 hours

Image credit: on Pexels

HealthcareSAHPRA demands recall of children’s immune boosters with zinc picolinate

5 hours

More news

Image credit: By - Own work, ,

Healthcare

Discovery Health now takes full financial responsibility for medical scheme error

11 hours

What makes AI-powered phishing a potent cyber danger?

ICT

What makes AI-powered phishing a potent cyber danger?

Richard Frost 5 hours

Source:

Marketing & Media

‘If you don’t like dark roast, this isn’t the coffee for you’: How exclusionary ads can win over the right customers

Jaclyn L. Tanenbaum and Karen Anne Wallach 12 hours

Tidal Rave Festival: How a youth festival is building Africa’s cultural infrastructure

Marketing & Media

Tidal Rave Festival: How a youth festival is building Africa’s cultural infrastructure

BA:KO by EchoHouse 9 hours

Autonomous enterprises are poised to transform business in 2026

Retail

Autonomous enterprises are poised to transform business in 2026

Sergio Maccotta 8 hours

Start 2026 right: Refresh your home with Volpes

Retail

Start 2026 right: Refresh your home with Volpes

Volpes 9 hours

Source:

Marketing & Media

UK introduces landmark junk food advertising ban

Karabo Ledwaba 6 Jan 2026

Celebrate 70 years of the Maynardville Open-Air Festival this summer

Lifestyle

Celebrate 70 years of the Maynardville Open-Air Festival this summer

3 hours

Image credit:

ESG & Sustainability

CapeNature cautions visitors on wildlife encounters as Western Cape wildfires blaze on

7 hours

Car sales in South Africa hit 10-year high

Automotive

Car sales in South Africa hit 10-year high

9 hours

Supplied image

Education

R5m in school fees up for grabs in KFC promotion

3 days

Ethiopia starts $12.5bn airport project

Logistics & Transport

Ethiopia starts $12.5bn airport project

8 hours

Back to school, back to business: Why long term car rental is reshaping January in South Africa

Automotive

Back to school, back to business: Why long term car rental is reshaping January in South Africa

Pace Car Rental 8 hours

Locals walk past trains parked at Lobito station, which forms part of the Benguela Railway line, in Lobito, western Angola. Image credit: Reuters

Energy & Mining

The Lobito Corridor and why Africa needs to think globally and act regionally

Shirley Webber and Stephen Seaka 9 hours

Image source: Jatuphol Jaturapat –

Education

Umalusi reassures public of integrity of 2025 matric exam results

10 hours

Sheer City debuts a convergence of art, music, and LGBTQ+ culture in Cape Town

Lifestyle

Sheer City debuts a convergence of art, music, and LGBTQ+ culture in Cape Town

6 hours

Start your 2026 strong with the Red Bull Zero Excuses challenge

Lifestyle

Start your 2026 strong with the Red Bull Zero Excuses challenge

7 hours

Let's do Biz