The SARB has upgraded the country’s banknotes and renewed the coin series in line with international best practice.
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Click to read the Statement of the Monetary Policy Committee January 2024
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.
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.