South African Reserve Bank
SARB officially opened its doors for business on June 30 1921 and issued its first banknotes to the public on April 19 1922. Initially, it was envisaged that the SARB would have a 25-year mandate to issue banknotes but this was extended indefinitely. The SARB helped transition SA away from the gold standard in 1932 by linking the value of the local currency to pound sterling as the foundation of its new monetary policy framework.
SAReserveBank Who in the right mind have a 100 year vision
SAReserveBank Mmm
SAReserveBank We're not interested in the 100 years of the reserve bank. Where are the heritage donor funds that were meant for free education that the Reserve Bank is not ready to talk about?
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