SA will manage global monetary policy tightening, Lesetja Kganyago says
The improvement in the current-account and budget balances puts SA in a better position to deal with the repricing of financial assets globally
18 June 2021 - 18:12
SA Reserve Bank governor Lesetja Kganyago says the country is in a strong position to deal with global monetary policy tightening and the gradual pullback by policymakers from the stimulus measures enacted amid the Covid-19 pandemic.
When developed countries start to normalise interest rates, SA will be “going into normalisation from a very solid basis”, Kganyago told an investment conference on Thursday...
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