Statement on the Gold and Foreign Exchange Reserves of the Bank
Last Modified Date:
2020-10-08, 02:13 PM
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Statement issued by the South African Reserve Bankon the Gold and Foreign Exchange Reservesof the Bank as at 31 January 1998 3 February 1998 The Bank's provisional gross gold and foreign exchange reserves amounted to R27,9 billion as at 31 January 1998, compared to R28,5 billion as at 31 December 1997. The utilisation of foreign credit lines at the end of January 1998 amounted to R9,4 billion compared to R9,8 billion as at 31 December 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 Monday, 9 February 1998.