This notice provides detail of the US dollar equivalent of the level of the South African Reserve Bank’s (SARB) official gold and foreign exchange reserves, Special Drawing Rights (SDRs) and foreign currency deposits received from customers published today in the SARB’s Statement of Assets and Liabilities as at 31 May 2019.
Monthly Release of Selected Data
The South African Reserve Bank (SARB) published a ‘Consultation paper on selected interest rate benchmarks in South Africa’ on 30 August 2018. The paper contains proposals on the reform of key interest rate benchmarks used in South Africa as well as proposals on a suite of new benchmarks that could potentially be used as alternative reference interest rates. The paper was published to solicit input from the public on the proposals contained therein…