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, 1974-1979[3]
  • H. B. B. Oliver, 1980-1992[4]
  • Martin Dlamini, acting, 1992
  • James Nxumalo, 1992-1997
  • Martin Dlamini, ?-1998-2013
  • Majozi Sithole, 2013-[5]

List of authorized banks of Eswatini

See also

References

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