Discuss functions of SARB under Bank issue
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Its functions include the formulating and implementing of South Africa's monetary policy, ensuring the efficiency of South Africa's financial system, and educating South Africa's citizens about the monetary and economic situation of the country. The SARB is also responsible for issuing both banknotes and coins
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The central bank is the bank of issue. It has the monopoly of note issue. Notes issued by it circulate as legal tender money.
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