Business Recorder - Business & Finance - Money & Banking https://www.brecorder.com/ Business Recorder en-Us Copyright 2026 Fri, 14 Aug 2026 05:51:26 +0500 Fri, 14 Aug 2026 05:51:26 +0500 60 South Africa's net reserves at $44.451 BN in January https://www.brecorder.com/news/2204/south-africas-net-reserves-at-44451-bn-in-january <p class="MsoPlainText"><img width="400" src="https://i.brecorder.com/images/stories/pics2010/dec/gold_400.jpg" alt=" " height="267" style="float: left; margin-bottom: 10px; margin-right: 10px;" />JOHANNESBURG: South Africa's net gold and foreign exchange reserves stood at $44.451 billion at the end of January from $43.353 billion in December, data from the Reserve Bank showed on Monday.</p> <p><p class="MsoPlainText">Gross reserves rose to $45.471 billion in January from $43.834 billion, the central bank said in a statement posted on its website.</p> <p class="MsoPlainText">The forward position which represents the bank's unsettled spot or swap transactions was at $4.312 billion compared with $4.183 billion in December.</p> <p class="MsoPlainText"><center><b><i>Copyright Reuters, 2011</i><br /></b></center></p></p> JOHANNESBURG: South Africa's net gold and foreign exchange reserves stood at $44.451 billion at the end of January from $43.353 billion in December, data from the Reserve Bank showed on Monday.

Gross reserves rose to $45.471 billion in January from $43.834 billion, the central bank said in a statement posted on its website.

The forward position which represents the bank's unsettled spot or swap transactions was at $4.312 billion compared with $4.183 billion in December.

Copyright Reuters, 2011

]]> Business & Finance https://www.brecorder.com/news/2204 Mon, 07 Feb 2011 17:57:06 +0500 none@none.com (Abdul Ahad)