JOHANNESBURG, July 6 (Reuters) – South Africa’s net gold and
foreign exchange reserves rose slightly to $47.936 billion at
the end of June from $47.672 billion in May, data from the
Reserve Bank showed on Friday.
Gross reserves went up to $49.218 billion in June from
$48.907 billion the previous month while the forward position,
which represents the bank’s unsettled spot or swap transactions,
slipped to $6.221 billion from $6.270 in May.
(Reporting by Xola Potelwa; Editing by Olivia Kumwenda)
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