Reserve Bank knows its responsibility during an epidemic, Tito Mboweni says
The finance minister has stressed the need to keep the economy going amid coronavirus fears
16 March 2020 - 15:27
Finance minister Tito Mboweni gave his assurances on Monday that he was in conversation with the SA Reserve Bank over how to respond to the economic effects of the coronavirus, and pleaded for an end to the pressure on the central bank to slash interest rates in response to the disease.
“The SA Reserve Bank knows its responsibilities in times of [an] epidemic. Don’t over pressurise them,” Mboweni said. ..
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