central bank south africa news

Banks in Pretoria North, South Africa
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The South African Reserve Bank (SARB) has embarked on the renovation of its iconic Head Office, a longstanding landmark in the Tshwane …

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Q:
What are exchange controls?
A:
Exchange controls aim to restrict the buying and selling of a national currency or to preserve foreign currency reserves. Controls may include a ban on the conversion of the proceeds...
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