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.

READ ALSO  New ceasefire starts in embattled Syrian towns---monitors

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

READ ALSO  Brothers at war: Gov Obiano is clueless – Okorocha

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.
(Reuters/NAN)

READ ALSO  Mourinho charged over touchline antics by FA

Loading...
loading...
SHARE