The document provides an overview of the regulatory framework and market operations for the South African rand (ZAR), including details on the policy rate, exchange rate policy, and monetary implementation by the South African Reserve Bank (SARB). It includes information on onshore ZAR products such as FX spot, FX forward/swap, FX options, IRS + FRA, and government T-bills and bonds. The document also outlines average ticket sizes, bid/ask spreads, average daily volumes, and liquid tenors for these financial instruments.
doj/DataSet10/EFTA01379421.pdf
{"title":"EM Currency Handbook 2018: Still Fuel in the Tank","document_date":"2017-12-22","document_type":"tabular","key_locations":["South Africa"],"key_organizations":["South African Reserve Bank","Deutsche Bank Securities Inc.","Bond Exchange of South Africa","JSE","Central Securities Depository"]}