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South Africa's net foreign reserves rise to $54.844bn in January

South Africa's net foreign reserves rose to $54.844bn in January from $53.827bn in December, the Reserve Bank said on Tuesday.

8 Feb 2023

Source: Reuters.

Source: Reuters.

Gross reserves also increased to $61.864bn in January from $60.570bn in December.

The forward position, which represents the central bank's unsettled or swap transactions, rose to $0.555bn from $0.554bn.

Read more: gold, central bank, bonds, foreign reserves

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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.

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