Economy News South Africa

South Africa's net foreign reserves fall

South Africa's net foreign reserves fell to $54.626bn in April from $55.388bn in March, the Reserve Bank said on Monday.
Source: REUTERS.
Source: REUTERS.

Gross reserves edged higher, to $60.280bn in April from $58.163bn in March. The forward position, which represents the central bank's unsettled or swap transactions, was at $3.065bn from $3.066bn.

Source: Reuters

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