South African jobless rate rises, highlighting coalition challenge
South Africa’s net foreign reserves fall to $52.24 bln in Sept
1:33 CAT | 06 Oct 2023
FILE - A man counts U.S dollars and Euros at a money changer office in central Cairo, Egypt, December 27, 2016. [File photo: Reuters/Mohamed Abd El Ghany]
South Africa’s net foreign reserves fell to $54.980 billion by the end of September from $55.444 billion in August, central bank data showed on Friday.
Gross reserves decreased to $61.131 billion in September from $61.998 billion in August. The forward position, which represents the central bank’s unsettled or swap transactions, fell to $0.511 billion from $0.515 billion
.
Source: Reuters
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