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S.Africa's net reserves at $43.353 billion in December

Reuters, Friday 7 Jan 2011

The South AFrican foregin exchange and net gold rose form $43.08 billion in November to $43.353 billion

South Africa's net gold and foreign exchange reserves stood at $43.353 billion at the end of December from $43.08 billion in November, data from the Reserve Bank showed on Friday.

Gross reserves edged higher to $43.434 billion in December from $43.351 billion, the central bank said in a statement posted on its website.

The forward position, which represents the bank's unsettled spot or swap transactions, was at $4.183 billion compared with $3.779 billion in November.

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