JOHANNESBURG: South Africa’s net foreign reserves rose to $56.900 billion at the end of December from $56.319 billion in November, central bank data showed on Monday.
South African rand firms after weak start to 2024
Gross reserves increased to $62.518 billion in December from $61.721 billion in November. The forward position, which represents the central bank’s unsettled or swap transactions, was unchanged at $0.508 billion.
Comments
Comments are closed.