In South Africa Net reserves rise to $40.958B in February

The forward position, which represents the central bank's unsettled or swap transactions, fell to $1.871 billion in February versus $2.05 billion.

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Traders work at the Nigerian Stock Exchange in Lagos, February 13, 2015. REUTERS/Joe Penney play Traders work at the Nigerian Stock Exchange in Lagos, February 13, 2015. REUTERS/Joe Penney (Reuters)
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South Africa's net gold and foreign exchange reserves were at $40.958 billion in February, up slightly from $40.753 billion in January, Reserve Bank data showed on Monday.

Gross reserves rose to $45.748 billion from $45.119 billion previously.

The forward position, which represents the central bank's unsettled or swap transactions, fell to $1.871 billion in February versus $2.05 billion.

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