SARB's Plenderleith on the Annual Report

In a speech given on 25 July Ian Plenderleith of the SARB said it remains a focus for the Bank to ensure public confidence in the South African currency. Hence a new bi-metal R5 coin was introduced in August 2004 in response to the counterfeiting threat of the silver-coloured R5 coin.

"The Bank plays an active role in the SADC region, on the African continent and in the global arena. It participates in a range of important regional and international initiatives including bank supervision and

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