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Statement on the Gold and Foreign Exchange Reserves of the Bank
Published Date:
2004-01-31
Author:
Financial Markets
Last Modified Date:
2020-10-08, 02:09 PM
Category:
Notices > Information Notice | >
Information notice on the Gold and Foreign Exchange Reserves of theSouth African Reserve Bank as at 31 January 2004 6 February 2004 This notice provides details of the US dollar and rand equivalent of the level of the Reserve Bank’s gold and foreign exchange reserves as at 31 January 2004 published today in the Bank’s Statement of Assets and Liabilities. As at31 January 2004As at31 December 2003 Gold$1 453millionR10 260million$1 476millionR9 799million Foreign Exchange$6 463 millionR45 625 million$6 492 millionR43 106 million Gold and Foreign Exchange Reserves$7 916 millionR55 885 million$7 968 millionR52 905 million The movement in the US dollar and rand values of the gold and foreign exchange reserves is attributable to valuations.