South Africa’s net foreign reserves rose to $41.728 billion in April from $41.419 billion in March, the Reserve Bank said on Monday.
Gross reserves also increased to $46.69 billion from $46.588 billion, the Central Bank data showed.
The forward position, which represents the central bank’s unsettled or swaps transactions, rose up to $2.893 billion in April from $2.867 billion in March.
Trending
- Sanwo-Olu: We’ve fulfilled our promises
- Upholding Democracy: The imperative of credible party primaries in Nigeria, by Adebanji Dada
- FG revokes 924 dormant mining licences as minister decries racketeering
- Why I didn’t build schools as Anambra governor, Peter Obi replies Omokri
- Establish base in Sambisa forest, Zulum tells Army
- EFCC withdraws appeal against former Kogi Governor Bello
- Fidelity Bank commends Air Peace’s performance
- How AI, automation, and trusted data are shaping next-generation customer service, by Linda Saunders