Information notice on the official gold and foreign exchange reserves of the South African Reserve Bank as at 31 October 2009 This notice provides detail of the US dollar equivalent of the level of the South African Reserve Bank’s official gold and foreign exchange reserves, foreign deposits received from customers and the level of outstanding foreign loans published today in the Bank’s Statement of Assets and Liabilities as at 31 October 2009. It also presents the level of foreign exchange forward and international liquidity positions as at the same date.   As at31 October 2009(million)As at30 September 2009(million)Change (3) (million)Gold reserves (1)US$4 187US$4 029US$158Foreign exchange reservesUS$35 601US$35 113US$488Gross reservesUS$39 788US$39 142US$647Foreign loans-US$350-US$350US$0Foreign deposits received-US$655-US$879US$223Forward position (2)US$1US$1US$0International liquidity position(Net reserves)US$38 784US$37 914US$870EUR/US$ exchange rateGBP/US$ exchange rateUS$/ZAR exchange rateMarket gold price (1)Statutory gold priceUS$1.4812US$1.65375R7.7100US$1 043.20R8 043.072US$1.4622US$1.6042R7.4400US$1 003.85R7 468.644    The gross gold and foreign exchange reserves increased to US$39,8 billion and the international liquidity position to US$38,8 billion at the end of October 2009.  The change in the gold and foreign exchange reserves was mainly due to the foreign exchange operations of the Bank and valuation adjustments. Foreign deposits received declined as a result of withdrawals by the Government to meet its foreign exchange obligations. 1)     Gold in US dollar terms is reflected at mid-market rates. For reporting purposes all foreign currency figures have been converted to US dollar at mid        market rates at month end.2)     The forward position comprises unsettled foreign currency spot transactions.3)     Figures might not add up due to rounding. ​