The Bank is responsible for the formulation and implementation of monetary policy, directed at ensuring low and stable inflation levels. A further core function of the Bank is to maintain a stable banking system through its supervisory and lender of last resort functions. Other secondary roles of the Bank include the management of the country's gold and foreign exchange assets. The bank is the sole issuer of currency and acts as banker and advisor to Government.
- Monetary policy formulation and implementation
- Issuer of bank notes and coins
- Custodian of gold and other foreign assets
- Banker and advisor to government
- Bankers' bank and lender of last resort