SA for­eign re­serves rise to R42.235bn

The Star Early Edition - - BUSINESS REPORT -

SOUTH Africa’s net for­eign re­serves rose to $42.235 bil­lion in June from $42.016bn in May, the Re­serve Bank said on Fri­day. Gross re­serves in­creased to $47.352bn from $47.241bn, the cen­tral bank data showed. The for­ward po­si­tion, which rep­re­sents the cen­tral bank’s un­set­tled or swop trans­ac­tions, fell to $2.464bn in June from $2.504bn in the pre­vi­ous month. – Reuters

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