South Africa's net foreign reserves at $42.651 bln in September

South Africa's net foreign reserves at $42.651 bln in September
A man counts U.S dollars and Euros at a money changer office in central Cairo
JOHANNESBURG (Reuters) - South Africa's net foreign reserves rose slightly to $42.651 billion in September from $42.646 billion in August, the Reserve Bank said on Friday.

Gross reserves rose to $49.384 billion from $46.921 billion, the central bank data showed.

The forward position, which represents the central bank's unsettled or swap transactions, decreased to $2.999 billion from $3.133 billion.

(Reporting by Olivia Kumwenda-Mtambo; Editing by Robin Pomeroy)

2017-10-06 08:39:48

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