Skip Ribbon Commands
Skip to main content
South African Reserve Bank
 
 
     
 
 

Publication Detail 

Title:
No. 9 - The South African Reserve Bank’s system of accommodation
Publish Date:
2016-08-11
Author:
Financial Markets
Category:
Fact Sheet
The main reason for the operations of the South African Reserve Bank (the Bank) in the money market is to implement the interest rate policy as determined by the Monetary Policy Committee (MPC), with the aim of achieving the Bank’s mandate of inflation targeting. In its monetary operations, the Bank endeavours to promote financial stability by managing the liquidity needs of the banking system as a whole. It also contributes to the development and efficiency of the domestic financial markets, in particular the interbank market. The Financial Markets Department uses various instruments to conduct the Bank’s monetary operations.
Attachments:
 
 
     
 
 
Publication Detail Help (new window)