Statement on the Gold and Foreign Exchange Reserves of the Bank
Last Modified Date:
2020-10-08, 02:14 PM
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Statement issued by the South African Reserve Bankon the Gold and Foreign Exchange Reservesof the Bank as at 30 April 1997 2 May 1997 The Bank's provisional gross gold and foreign exchange reserves amounted to R14,4 billion as at 30 April 1997, compared to R13,1 billion as at 31 March 1997. The utilisation of foreign credit lines at the end of April 1997 was unchanged at R2,5 billion.Any possible changes to these preliminary figures will be reflected in the Bank's monthly Statement of Assets and Liabilities to be published on Thursday, 8 May 1997.