Central Bank of Eswatini

The Central Bank of Eswatini (Swazi: Umntsholi Wemaswati), is the central bank of Eswatini. It was established in April 1974 and is based in capital Mbabane. According to the bank's website, the bank's mission is to promote monetary stability and foster a stable and sound financial system.[2] Among the bank's responsibilities are managing Eswatini's foreign exchange position and safeguarding the country's foreign reserves of cash. The bank conducts weekly auctions of 91-day Swazi treasury bills, through "primary dealer" Swazi banks. The current governor is Majozi Sithole.

Central Bank of Eswatini
Umntsholi Wemaswati
Logo
HeadquartersMahlokohla St., Mbabane
Coordinates26°19′33″S 31°08′51″E
Established1 April 1974 (1974-04-01)
Ownership100% state ownership[1]
GovernorMajozi Sithole
Central bank ofEswatini
CurrencySwazi lilangeni
SZL (ISO 4217)
Reserves470 million USD[1]
Websitewww.centralbank.org.sz

Governors

  • Ethan Mayisela, April 1974 - June 1978[3][4]
  • A. D. Ockenden, acting, June 1978 - June 1981[3]
  • H. B. B. Oliver, July 1981 - June 1992[3][5]
  • Martin Dlamini, acting, 1992
  • James Nxumalo, July 1992 - June 1997[3]
  • Martin Dlamini, July 1997 - 2013[3]
  • Majozi Sithole, 2013 -[6]

List of authorized banks of Eswatini

See also

References

  1. https://d-nb.info/1138787981/34
  2. "Central Bank of Swaziland: Mission". Archived from the original on 2007-03-28. Retrieved 2007-05-03.
  3. Standard Catalog of World Paper Money. 2011. ISBN 978-1-4402-1584-1.
  4. Central Banking Directory. Central Banking Publications. 1993. ISBN 978-0-9517903-1-1.
  5. Central Banking Directory. Central Banking Publications. 1993. ISBN 978-0-9517903-1-1.
  6. "Times Of Swaziland". www.times.co.sz. Retrieved 2020-10-07.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.