Gross reserves also increased to $47.043 billion from $46.437 billion but the forward position, which represents the central bank's unsettled or swap transactions, fell to $2.634 billion from $2.702 billion.
South Africa's net reserves rise to $41.934 bln in April
JOHANNESBURG (Reuters) - South Africa's net gold and foreign exchange reserves rose to $41.934 billion in April from $41.275 billion in March, data from the Reserve Bank showed on Friday.
24 karat gold bars are seen at the United States West Point Mint facility in West Point, New York, in a file photo. REUTERS/Shannon Stapleton
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