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Net reserves rise to $41.953 billion in September

South African Rand coins are seen in this photo illustration taken September 9, 2015.    REUTERS/Mike Hutchings/File Photo
South African Rand coins are seen in this photo illustration taken September 9, 2015. REUTERS/Mike Hutchings/File Photo
The forward position, which represents the central bank's unsettled or swap transactions, climbed to $2.201 billion from $1.771 billion.
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South Africa's net foreign reserves rose to $41.953 billion in September from $40.795 billion the previous month, the Reserve Bank said on Friday.

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Gross reserves were also up at $47.247 billion from $45.708 billion, the bank's data showed.

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