South African Reserve Bank
Headquarters | Pretoria , South Africa |
founding | 1921 |
president | Lesetya Kganyago |
country | South Africa |
currency | |
ISO 4217 | ZAR |
Currency reserves | US $ 54.9 billion (November 2019) |
Base loan rate | Repo: 6.50% (August 2019) Prime: 10.00% (August 2019) |
Website | |
List of central banks |
South African Reserve Bank (SARB) is the South African central bank . The bank was established in 1921 by the Currency and Banking Act (Act No. 31/1920) by the Parliament of the Union of South Africa . It also has an indirect influence on other currencies in the Common Monetary Area .
Governors
- William Henry Clegg: December 1920 - December 1921
- Johannes Postmus: January 1931 - June 1945
- Michiel Hendrik de Kock: July 1945 - June 1962
- Gerhard Rissik: July 1962 - June 1967
- Theunis Willem de Jongh: July 1967 - December 1980
- Gerhardus Petrus Christiaan de Kock: January 1981 - August 1989
- Christian Lodewyk Stals: August 1989 - August 1999
- Tito Mboweni : August 1999 - November 2009
- Gill Marcus: November 2009 - November 2014
- Lesetja Kganyago: since November 2014
Web links
- Official website (English)
Individual evidence
- ^ South Africa Foreign Exchange Reserves . tradingeconmoics.com. Accessed December 12, 2019 (English)