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Statement on the Gold and Foreign Exchange Reserves of the Bank
Published Date:
1997-05-31
Author:
Financial Markets
Last Modified Date:
2020-10-08, 02:14 PM
Category:
Notices > Information Notice | >
Statement issued by the South African Reserve Bankon the Gold and Foreign Exchange Reservesof the Bank as at 31 May 1997 2 June 1997 The Bank's provisional gross gold and foreign exchange reserves amounted to R21,8 billion as at 31 May 1997, compared to R14,4 billion as at 30 April 1997. The utilisation of foreign credit lines at the end of May 1997 was R1,8 billion, compared to R2,5 billion at the end of April 1997.Any possible changes to these preliminary figures will be reflected in the Bank's monthly Statement of Assets and Liabilities to be published on Friday, 6 June 1997.