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S.Africa net reserves rise to $47.9 bln in July

August 7, 2012 Comments Off on S.Africa net reserves rise to $47.9 bln in July

August 7, 2012, 8:30 am

JOHANNESBURG (Reuters) – South Africa’s net gold and foreign exchange reserves inched up to $47.975 billion at the end of July from $47.936 billion in June, data from the Reserve Bank showed on Tuesday.
Gross reserves were also slightly higher at $49.398 billion in Ju…

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