08.10.2010 - South African reserves climb 2.2pct as dollar weakens
From Bloomberg: South Africa’s gross reserves climbed 2.2 percent in September as the gold price rose and a weaker dollar boosted the value of euro, pounds and other currency holdings, the central bank said. Gold and foreign currency reserves increased to $44.07 billion from $43.1 billion in August, the Pretoria-based Reserve Bank said on its website today. Net reserves jumped 4.3 percent to $40.85 billion on an increase in longer-term foreign exchange swaps..............................................Full Article: Source
Print