South African Reserve Bank on reforming South Africa's monetary ...

Monetary Policy Implementation - South African Reserve Bank

In South Africa, as in many other economies, monetary policy is made by setting a short term-interest rate. Between 1998 and 2022, this rate, ...

Monetary Policy - South African Reserve Bank

South Africa formally introduced inflation targeting in February 2000. This is a framework in which the central bank uses monetary policy tools, especially the ...

South African Reserve Bank on reforming South Africa's monetary ...

The SARB is now proposing to replace the shortage system with a tiered floor. In this framework, rather than creating a shortage, the SARB would allow an ...

Governor Talks - South Africa: Monetary Policy After Covid

There is a need for both macro stability and structural reforms. The SARB treats the exchange rate as a shock absorber, allowing it to fluctuate ...

New Monetary Policy Implementation Framework

The SARB's new implementation framework uses a tiered floor system to control interest rates. The framework is detailed in this paper and summarised in this ...

South African reforms could push rand higher, central bank chief says

South Africa's rand has further room to strengthen if the government in Pretoria pushes ahead with reforms and prudent policies, ...

The South African Reserve Bank releases the Monetary Policy ...

The South African Reserve Bank releases the Monetary Policy Review (MPR) on Tuesday, 15 October 2024. The MPR, which covers domestic and ...

Monetary Policy Implementation Framework

In June 2022, the SA Reserve Bank moved away from implementing monetary policy through a classical cash reserve or shortage system, to a surplus or tiered ...

A primer on South Africa's monetary policy reform - Capital Economics

The South African Reserve Bank is set to shake up its monetary policy setup. This Update provides some clarity on what policymakers will do and why, ...

The SARB's new monetary policy implementation framework

On the 8 th of June 2022, the South African Reserve Bank (SARB) commenced with its 12-week transition to a new monetary policy implementation framework.

South Africa getting to grips with economic reforms, central bank ...

South Africa is getting to grips with reforms that could lift its economic potential, its central-bank governor said on Thursday, ...

Transitioning to a new Monetary Policy Implementation Framework

3 of 25. Financial Markets Department. May 2022. NON-SENSITIVE. Background. The South African Reserve Bank (SARB) will soon change to a new Monetary Policy.

how the South African Reserve Bank moved inflation to ... - YouTube

Governor Lesetja Kganyago delivers a special lecture at the University of Stellenbosch titled 'Lessons learnt: how the South African Reserve ...

South Africa's new system for implementing monetary policy

Deputy Governor of the South African Reserve Bank, at the CFA Society South Africa & Investec Breakfast Conversation,. Pretoria, 10 May 2023.

Statement of the Monetary Policy Committee September 2024

For these reasons, central banks are approaching the endgame with caution. Turning to South Africa, output was marginally below our expectations ...

A new framework for implementing Monetary Policy in South Africa

Since 1998, the South African Reserve Bank (SARB) has used a shortage or classical cash reserve system for implementing monetary policy. While this framework ...

The New Monetary Policy Framework

In June this year, the South African Reserve Bank (SARB) began the process of transitioning to a new framework for implementing monetary policy ...

SA Reserve Bank (@SAReserveBank) / X

The purpose of the South African Reserve Bank is to achieve and maintain price stability in the interest of balanced and sustainable economic growth.

Monetary Policy Review April 2024 - South African Reserve Bank

The MPR is presented by senior officials of the SARB at Monetary Policy Forum meetings held at major centres across South. Africa in an effort ...

SARB on reforming SA's monetary policy implementation framework

Since 1998, monetary policy in South Africa has been implemented using a classical cash reserve or shortage system. Under this framework, the ...