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 31 October 1997 3 November 1997 The Bank's provisional gross gold and foreign exchange reserves amounted to R27,3 billion as at 31October 1997, compared to R26,5 billion as at 30 September 1997. The utilisation of foreign credit lines at the end of October 1997 amounted to R8,7 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 Friday, 7 November 1997.