South Africa’s net gold and foreign exchange reserves rose to $40.826 billion in June from $40.48 billion in May, Reserve Bank data showed on Thursday.
Gross reserves rose to $46.366 billion from $46.081 billion previously, the central bank said.
The forward position, which represents the central bank’s unsettled or swap transactions, edged down to $1.616 billion in June from $1.64 billion in May.
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Credit: CNBC Africa