JOHANNESBURG, Aug 7 (Reuters) – South Africa’s net foreign
reserves rose to $48.114 billion in July from $45.738 billion in
June, the Reserve Bank said on Friday.
Gross reserves increased to $57.876 billion from $52.320
billion. The forward position, which represents the central
bank’s unsettled or swap transactions, increased to $1.529
billion from $555 million, it said.
(Reporting by Mfuneko Toyana; editing by John Stonestreet)
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