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The SARB has upgraded the country’s banknotes and renewed the coin series in line with international best practice.
Download the SARB Currency App or click here to find out more.
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The SARB has released the October 2023 Monetary Policy Review, covering domestic and international developments that affect the monetary policy stance.
To read the full MPR, click here. To watch the release of the MPR, click here.
The SARB’s centenary year was celebrated by publishing a coffee table book, which is an informative exposition of the SARB’s journey and role in South African life over the past century. To access the electronic copy, click here.
Explore, play and learn about the South African banknotes and coin with the new SARB Currency App.
Download it on the App Store or Google Play.
Learn about the security features of our banknotes and coin, about what we do and play the game to enhance your knowledge and skills.
The SARB has moved to temporary offices as we renovate our head office. Find out more about our Head Office Renovations project.
The Constitution gives the SARB the mandate to protect the value of the rand. We use interest rates to keep inflation low and steady.
The SARB has a mandate to protect and enhance financial stability. We identify and mitigate systemic risks that might disrupt the financial system.
The Prudential Authority regulates financial institutions and market infrastructures to promote and enhance their safety and soundness, and support financial stability.
Open market operations are the main tool we use to implement monetary policy. We manage South Africa’s gold and foreign exchange reserves.
The SARB is responsible for regulating cross-border transactions, preventing the abuse of the financial system and supporting the regulation of financial institutions.
The SARB is responsible for ensuring the safety and soundness of the national payment system, which is the backbone of South Africa’s modern financial system.
The SARB provides important economic and financial statistics that present an overview of the economic situation in South Africa.
Research conducted by the SARB focuses on economics, financial stability, banking and emerging trends in finance. Our research supports policy decision-making.
The SARB has the sole right to make, issue and destroy banknotes and coin in South Africa.
> Statement of the Monetary Policy Committee November 2023
> Monetary Policy Review – October 2023
> Quarterly Bulletin – No 309 – September 2023
> Statement of the Monetary Policy Committee September 2023
> Prudential Authority Annual Report 2022/23
> Balance of payments: current account of the balance of payments
