Johannesburg - South Africa’s net gold and foreign exchange
reserves stood at $49.639bn at the end of February from $49.072bn in January,
data from the central bank showed on Wednesday.
Gross reserves rose to $51.889bn from $51.451bn in January,
the bank said in a statement on its website.
The forward position, which represents the bank’s unsettled spot or swap transactions, was at $6.618bn compared with $6.555bn in January.