Reserve Bank will ensure stability through Covid-19 crisis, says Kganyago
Economic outlook depends on how pandemic develops and extent of restrictions on business activity, reports governor
29 June 2020 - 18:22
The Reserve Bank will remain vigilant, and continue to ensure price and financial sector stability through the Covid-19 crisis, says Reserve Bank governor Lesetja Kganyago.
The Bank’s inflation targeting regime and its efforts to enhance oversight of SA’s financial sector place it in a better position to respond to the crisis, Kganyago says in the Bank’s annual report released on Monday...
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