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2009.03.0603:16:00UTC+00S. Africa's Net Reserves Increase In February

South Africa's net reserves increased to US$33.15 billion in February from US$33.09 billion recorded in January, the Reserve Bank reported Friday.

Gold reserves totaled US$3.8 billion, up from US$3.6 billion, while gross reserves stood at US$33.77 billion, an increase from US$33.73 billion.

Foreign exchange reserves were US$29.5 billion, down from US$30.03 billion.

Copyright(c) 2009 News.com, Inc. All Rights Reserved

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