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JOHANNESBURG, Jan 9 (Reuters) – South Africa’s net foreign reserves rose to $53.827 billion in December from $53.391 billion in November, the Reserve Bank said on Monday.
Gross reserves also increased to $60.570 billion in December from $59.877 billion in November. The forward position, which represents the central bank’s unsettled or swap transactions, fell to $0.554 billion from $0.561 billion.
Reporting by Anait Miridzhanian
Editing by Alexander Winning
Our Standards: The Thomson Reuters Trust Principles.
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