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.

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

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)


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