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About South African Reserve Bank
The South African Reserve Bank (SARB) is South Africa's central bank, established in 1921. It formulates and implements monetary policy, issues currency, manages foreign reserves, and ensures financial stability[1][3]. SARB serves the entire South African economy, acting as a banker to the government and regulating financial institutions[5]. Its unique selling proposition is its independence and role in maintaining price stability, crucial for sustainable economic growth[5]. The target audience includes financial institutions, government entities, and the broader public[4]. SARB's services include managing the national payment system and administering exchange controls[1][5].
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