JOHANNESBURG: South Africa's net gold and foreign exchange reserves rose to $48.748 billion at the end of September from $48.278 billion in August, data from the Reserve Bank showed on Friday.
Gross reserves were at $50.979 billion in September from $49.991 billion in August while the forward position, which represents the bank's unsettled spot or swap transactions, fell to $5.623 billion from $5.937 billion in August.
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