South Africa’s net reserves dip to $55.005 billion in January -Breaking
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© Reuters. FILE PHOTO – South Africa Reserve Bank Governor Gill Marcus displays the new South African banknotes. They feature images of Nelson Mandela, the former president of South Africa, and photos of South Africa.
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© Reuters. FILE PHOTO – South Africa Reserve Bank Governor Gill Marcus displays the new South African banknotes. They feature images of Nelson Mandela, the former president of South Africa, and photos of South Africa. 2/2
JOHANNESBURG, (Reuters) – South Africa’s net reserve fell to $55.005 Billion in January from $55.309 Billion in December.
From $57.589 trillion in December, gross reserves dropped to $57.199 million in January. From $3.404 billion, the forward position (which represents central bank’s unsettled swap transactions) dropped to $3.376 Billion.
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