Financial rand, the Glossary
The South African financial rand was the most visible part of a system of capital controls.[1]
Table of Contents
17 relations: Apartheid, Balance of payments, Capital account, Capital control, Council on Foreign Relations, Germany, Great Britain, Hjalmar Schacht, International Monetary Fund, ISO 4217, London School of Economics, Reichsbank, Sharpeville massacre, South Africa, South African rand, Sterling area, World War II.
- Currencies of South Africa
Apartheid
Apartheid (especially South African English) was a system of institutionalised racial segregation that existed in South Africa and South West Africa (now Namibia) from 1948 to the early 1990s.
See Financial rand and Apartheid
Balance of payments
In international economics, the balance of payments (also known as balance of international payments and abbreviated BOP or BoP) of a country is the difference between all money flowing into the country in a particular period of time (e.g., a quarter or a year) and the outflow of money to the rest of the world.
See Financial rand and Balance of payments
Capital account
In macroeconomics and international finance, the capital account, also known as the capital and financial account, records the net flow of investment into an economy.
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Capital control
Capital controls are residency-based measures such as transaction taxes, other limits, or outright prohibitions that a nation's government can use to regulate flows from capital markets into and out of the country's capital account.
See Financial rand and Capital control
Council on Foreign Relations
The Council on Foreign Relations (CFR) is an American think tank specializing in U.S. foreign policy and international relations.
See Financial rand and Council on Foreign Relations
Germany
Germany, officially the Federal Republic of Germany (FRG), is a country in Central Europe.
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Great Britain
Great Britain (commonly shortened to Britain) is an island in the North Atlantic Ocean off the north-west coast of continental Europe, consisting of the countries England, Scotland and Wales.
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Hjalmar Schacht
Hjalmar Schacht (born Horace Greeley Hjalmar Schacht; 22 January 1877 – 3 June 1970) was a German economist, banker, politician, and co-founder of the German Democratic Party.
See Financial rand and Hjalmar Schacht
International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 190 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of last resort to national governments, and a leading supporter of exchange-rate stability.
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ISO 4217
ISO 4217 is a standard published by the International Organization for Standardization (ISO) that defines alpha codes and numeric codes for the representation of currencies and provides information about the relationships between individual currencies and their minor units.
See Financial rand and ISO 4217
London School of Economics
The London School of Economics and Political Science (LSE) is a public research university in London, England, and amember institution of the University of London.
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Reichsbank
The Reichsbank was the central bank of the German Empire from 1876 until the end of Nazi Germany in 1945.
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Sharpeville massacre
The Sharpeville massacre occurred on 21 March 1960 at the police station in the township of Sharpeville in the then Transvaal Province of the then Union of South Africa (today part of Gauteng).
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South Africa
South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa.
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South African rand
The South African rand, or simply the rand, (sign: R; code: ZAR) is the official currency of the Southern African Common Monetary Area: South Africa, Namibia (alongside the Namibian dollar), Lesotho (alongside the Lesotho loti) and Eswatini (alongside the Swazi lilangeni). Financial rand and South African rand are currencies of South Africa and currencies with ISO 4217 code.
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Sterling area
The sterling area (or sterling bloc, legally scheduled territories) was a group of countries that either adopted or pegged their currencies to the pound sterling.
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World War II
World War II or the Second World War (1 September 1939 – 2 September 1945) was a global conflict between two alliances: the Allies and the Axis powers.
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See also
Currencies of South Africa
- Coins of Bophuthatswana
- Coins of South Africa
- Financial rand
- Griqua coinage
- Ora (currency)
- Pond (currency)
- Postal orders of Bophuthatswana
- Postal orders of South Africa
- Postal orders of the Orange Free State
- Postal orders of the South African Republic
- South African Postal Union Convention
- South African pound
- South African rand
- South West African pound
References
[1] https://en.wikipedia.org/wiki/Financial_rand
Also known as ISO 4217:ZAL.