Gross $Gold & Forex Reserve

The Gross Gold & Forex Reserves released by the  South African Reserve Bank present gross reserves in foreign currency and gold The Central Bank holds. Reserves can be a precautionary measure for countries susceptible to financial crisis. It can also be used to manipulate exchange rates.  A high reading is is seen as positive (or bullish) for the Rand, while a low reading is seen as negative (or Bearish).