South Africa's net foreign reserves rise to $44.6 bln in October
JOHANNESBURG, Nov 7 (Reuters) - South Africa's net foreign reserves rose to $44.606 billion in October from $44.058 billion in September, Reserve Bank data on Thursday showed.
Gross reserves fell to $54.529 billion at the end of October from $54.856 billion the previous month.
The forward position representing the central bank's unsettled, or swap, transactions swung to positive balance of $643 million in October after a negative balance of $78 million in the previous month.
(Reporting by Mfuneko Toyana; Editing by Himani Sarkar)