South Africa's net reserves fall to $53,813bn in June
South Africa's net reserves fell to $53,813bn in June from $54,431bn in May, the Reserve Bank said.
Source: centralbanking.com
Gross reserves also fell to $58,923bn in June from $59,258bn in May. The forward position, which represents the central bank's unsettled or swap transactions, dropped to $2,383bn from $2,836bn.