SA’s net balance of foreign assets ownership increased, driven by valuation effects as domestic and foreign share market indices rose in the fourth quarter of 2022, improving the country’s financial standing and creditworthiness.

The Reserve Bank released its first quarter Quarterly Bulletin on Thursday, showing that SA’s net international investment position improved, rising from a revised R1.008-trillion at the end of September 2022 to R1.209-trillion at the end of December as foreign assets increased more than foreign liabilities...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.