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Fri May 25 13:46:51 SAST 2012

Net foreign exchange reserves rise

Sapa | 07 September, 2010 08:380 Comments

Net gold and foreign exchange reserves came in at US39.178 billion for August compared with US38.665 billion for July, the SA Reserve Bank (SARB) says.



Gross reserves decreased to US43.133 billion in August from US43.159 billion previously while foreign currency reserves dropped US259 million to US35.464 billion.

The SARB said gold reserves grew by US255 million to US4.97 billion in August.

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