Tuesday, February 6, 2007

Jan net reserves up at $23.28bn

South Africa's net gold and foreign exchange reserves rose to $23.28bn at the end of December from $22.988bn at the end of December, central bank data showed on Wednesday.

Gross reserves increased to $25.882bn from $25.613bn in December, the bank said in a statement posted on its website.

Net foreign currency holdings increased by $225m to $23.308bn.

Read more at FIN24.co.za

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