The Bank was established in 1921 in terms of a special Act of Parliament, the Currency and Bank Act of 10 August 1920 (the Act) and was the direct result of the abnormal monetary and financial conditions which had arisen during and in the period immediately following World War I.
The South African Reserve Bank is the central bank of the Republic of South Africa. It is the monetary authority of South Africa that fosters a stable financial environment in which the economy can thrive for the benefit of all. The bank is committed to achieving and maintaining price stability in the interest of balanced and sustainable economic growth. In the pursuit of its primary objective, the Bank must perform its functions independently, without fear, favor or prejudice.
The website includes the current rates and bookings, exchange controls, South African reserve bank shares.