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View Full Version : South Africa Foreign-Currency Reserves Drop as Gold Falls - Bloomberg



NewsWhore
06-07-2012, 09:00 AM
South Africa Foreign-Currency Reserves Drop as Gold Falls (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHW1g9fYoEGggzVBXBHDtsulzbBgg&url=http://www.bloomberg.com/news/2012-06-07/south-africa-foreign-currency-reserves-drop-as-gold-falls.html)
Bloomberg
South African gross gold and foreign currency reserves fell for a third month in May as the price of bullion dropped and the dollar strengthened, reducing the value of reserves held in euros and pounds. Gross reserves declined 2.1 percent from a month ...

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