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South African Reserve Bank

South African Reserve Bank

Central bank
The South African Reserve Bank is the central bank of South Africa. It was established in 1921 after Parliament passed an act, the "Currency and Bank Act of 10 August 1920", as a direct result of the abnormal monetary and financial conditions... Wikipedia
Founded: June 30, 1921
Bank rate: 3.75%
Reserves: 38 920 million USD
Jurisdiction: South Africa
Ownership: Privately owned
Currency: Rand; ZAR (ISO 4217)