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SARB POLICY RATE 6.75%

24 Apr 2026

CPI 3.1%

Mar 2026

PPI 1.8%

Feb 2026

PRIME 10.25%

24 Apr 2026

R2030


R209


SABOR


ZARONIA

ZAR/USD

16.6276

ZAR/GBP

22.4116

ZAR/EUR

19.4385

ZAR/JPY

0.1041
New Project Home Publications Draft Exchange Control circulars for public comment following 2026 Budget announcements


DRAFT EXCHANGE CONTROL CIRCULARS FOR PUBLIC COMMENT

View the circulars

The South African Reserve Bank has published various Exchange Control draft circulars for public comment, following the 2026 Budget announcements by the Minister of Finance.


This would make the SPR the reference rate for PLR-linked financial contracts, ensuring a clearer link between monetary policy and lending rates, and improving public understanding of loan pricing mechanisms.

These circulars primarily address increased new limits for cross-border payments and investments by individuals in South Africa, as well as the streamlining of certain administrative processes.

The draft circulars can be accessed here.

The closing date for the comments is 17 March 2026.

Attachments:
Draft Exchange Control circulars for public comment following 2026 Budget announcements
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