JOHANNESBURG Nov 7 (Reuters) – South Africa’s net gold and
foreign exchange reserves fell to $48.626 billion at the end of
October from $48.748 billion in September, data from the Reserve
Bank showed on Wednesday.
Gross reserves were lower at $50.678 billion in October from
$50.979 billion in September while the forward position, which
represents the bank’s unsettled spot or swap transactions, fell
to $5.595 billion from $5.623 billion in September.
(Reporting by Xola Potelwa; Editing by Ed Stoddard)
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