South Africa’s net foreign reserves fell slightly to 41.799 billion dollars in October from 41.953 billion dollars the previous month, the Reserve Bank said on Monday.

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Gross reserves were, however, up at 47.848 billion dollars from 47.247 billion dollars, the central bank’s data showed.

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The forward position, which represents the central bank’s unsettled or swap transactions, also rose to 2.495 billion dollars in October from 2.201 billion dollars in September.

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