South African Reserve Bank

The South African Reserve Bank (SARB) is the central bank of South Africa, established in 1921. Its main roles include managing the country’s currency, setting interest rates, and ensuring financial stability. The SARB regulates banks and financial institutions to protect consumers and maintain confidence in the financial system. It also works to control inflation by influencing money supply and interest rates. The Reserve Bank’s key objective is to support a stable economy, which in turn helps promote growth and employment in South Africa.